Pound New Zealand Dollar forecast page 24 - GBP NZD

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)...

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...

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...

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...

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...

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...

The latest UK news has concerned traders, leading to a drop to 1.7562 in the GBP NZD exchange rate. The UK data, covering average earnings in April, has combined negatively with Tuesday’s UK inflation rate figures. Annual inflation rose to 2.9% in May, while recent wage growth figures have remained far beneath this level. With...

May’s UK services PMI proved a disappointing start to the week, although not enough to prevent the Pound New Zealand Dollar exchange rate holding onto a modest uptrend. While the index slowed from 55.8 to 53.8 the sector nevertheless remains in a solid state of growth, even though political uncertainty has weighed on growth in recent...

The Pound New Zealand Dollar (GBP NZD) exchange rate leapt to a new weekly high this morning as UK factory orders printed higher than expected last month According to data released by the Confederation of British Industry (CBI) Britain’s industrial orders balance rose from 4 to 9 in April, beating expectations that they would remain...

Sterling has traded at 1.87 against the New Zealand Dollar, down from a rate of 1.88 on May 7th. The only UK economic news on Monday has covered house prices; the Halifax price index reprinted growth on the year but showed no monthly change. More impactful has been the French Presidential election, which concluded with a landslide...