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Pound New Zealand Dollar forecast page 24 - GBP NZD

A round up of the latest Pound New Zealand Dollar forecast news items from the Currency News desk.

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GBP NZD Exchange Rate Rally Forecast Ahead of Dovish RBNZ Policy Meeting

8 Aug 2017 at 2 PM - Written by Frank Davies

A fresh bout of Brexit-based uncertainty helped to keep the Pound New Zealand Dollar exchange rate under pressure at the start of the week. Clarity over the likely outcome of negotiations remained distinctly lacking as a result of conflicting reports regarding the size of the UK’s divorce bill, and what the government might be willing to...

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GBP to NZD Exchange Rate Surges as New Zealand Unemployment Disappoints

2 Aug 2017 at 12 PM - Written by Ben Hughes

After poor performance in recent weeks, the British Pound to New Zealand Dollar exchange rate is surging this week as demand for risk-correlated currencies drops and New Zealand’s latest ecostats disappoint. After opening the week at the low level of 1.7476, GBP/NZD has made a strong recovery. On Wednesday the pair hit a fresh...

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Pound New Zealand Dollar (GBP NZD) Climbs Despite IMF Downgrading UK Growth

24 Jul 2017 at 5 PM - Written by Tim Boyer

The Pound to New Zealand Dollar exchange rate has regrouped since last week’s slide, climbing to 1.7561 today despite the international monetary fund (IMF) downgrading its UK growth forecast. The IMF announced that it expects the UK economy to grow by 1.7% in 2017, a drop from the previous estimate of 2%. The forecast for next year...

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Returning Brexit Optimism Pushes Up GBP NZD Exchange Rate

17 Jul 2017 at 1 PM - Written by Toni Johnson

As discussions between UK and EU negotiators continue in Brussels, the Pound has advanced by 0.2% against the New Zealand Dollar. Rising GBP NZD Exchange Rate Triggered by Growing Brexit Optimism While minor, this rise in the GBP NZD exchange rate still demonstrates growing investor optimism about the Brexit process. Initial UK-EU...

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GBP NZD Exchange Rate Rally Seen despite Gathering Economic Storm Clouds

14 Jul 2017 at 1 PM - Written by Toni Johnson

While the GBP NZD rise to 1.7763 today is the best rate since Thursday, it is still low in comparison to the 1.7893 exchange rate recorded on July 11th. Pound Traders Fall Back on McCafferty Comments to Trigger GBP Rally The strongest source of support for the Pound today actually came earlier in the week, when Bank of England (BoE)...

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GBP NZD Exchange Rate Advances Slowed by Cooling UK Service Sector

5 Jul 2017 at 12 PM - Written by John Cameron

The Pound New Zealand Dollar (GBP NZD) exchange rate found its gains trimmed this morning as the pairing was hampered by a slowdown in the UK’s service sector. Pound (GBP) Advance Slowed by Slide in Services Activity The Pound found its advance slowed this morning as Sterling came under pressure following the release of the UK’s...

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GBP NZD Exchange Rate Slides as UK Manufacturing Sector Slows

3 Jul 2017 at 3 PM - Written by John Cameron

The Pound New Zealand Dollar (GBP NZD) exchange rate slumped from its best levels today as a disappointing Manufacturing PMI weighed on Sterling. Pound (GBP) Slides as Factory Activity Slows The Pound fell against the New Zealand Dollar at the start of the European session this morning as Sterling was battered by an unexpectedly poor...

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GBP NZD Exchange Rate Rises as Conservative-DUP Deal is Signed

26 Jun 2017 at 1 PM - Written by Toni Johnson

Sterling’s recent advance still leaves GBP in a weak position, having only posted the best rate since June 21st. Pound Heads Up after DUP Deal is Finally Agreed The GBP NZD exchange rate has advanced today, thanks to a long-awaited government announcement. The Conservatives and Democratic Unionist Party (DUP) have finally reached...

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GBP to NZD Exchange Rate Tumbles Towards 2-Month-Low on RBNZ News

22 Jun 2017 at 12 PM - Written by Ben Hughes

This week’s Bank of England (BoE) news has left the British Pound to New Zealand Dollar exchange rate volatile, as investors wonder whether or not to bet on a 2017 UK interest rate hike. The New Zealand Dollar’s strength has kept GBP/NZD near its worst levels however. After opening this week at the level of 1.7625, GBP/NZD dropped and...

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GBP NZD Exchange Rate Soars after BoE Dove Hints at 2017 Interest Rate Hike

21 Jun 2017 at 1 PM - Written by Toni Johnson

Sterling’s sharp rise against the New Zealand Dollar has been triggered by a statement from Andy Haldane, a long-time dovish BoE Monetary Policy Committee (MPC) voter. Change of Heart from BoE’s Haldane Triggers GBP Advance Although Wednesday had opened with traders focusing on the Queen’s speech, a more recent event had pushed up...

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