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Currency News - NZD

NZD currency update: pound loses significant ground against the Kiwi

Written by Joe Mayhew on Monday, January 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The pound lost significant ground against the Kiwi last night, as sterling fell dramatically during the Asian trading session on the back of the numerous articles and leaks that Theresa May will signal on Tuesday that Britain will be likely looking at a hard…(read more)

NZD currency update: Kiwi gains 2 cents against the pound

Written by Joe Mayhew on Friday, January 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The continuation of sterling weakness and USD’s recent loses combined with better than forecasted NZ retail card figures, led to the Kiwi gaining 2 cents against the pound over the course of yesterday’s trading session. There is no economic data from New Zealand scheduled…(read more)

NZD currency update: better than expected ANZ commodities price report

Written by Joe Mayhew on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 A better than expected ANZ commodities price report combined with the overhang of sterling weakness we saw earlier in the week led to the Kiwi gaining on the pound over the course of last night’s Asian trading session. On the data front, only electronic…(read more)

NZD currency update: sterling stabilises to recover early week loses

Written by Joe Mayhew on Wednesday, January 11, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 After a dreadful start to the week for the pound against the Kiwi, sterling managed to stabilise itself and recover some of its early week loses. Later today Donald Trump is scheduled to give a press conference, any indications of his future economic plans…(read more)

NZD currency update: GBP/NZD dropped overnight after May’s comments

Written by Joe Mayhew on Monday, January 9, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD dropped overnight in spite of a lack of any significant data from either country. Sterling appeared to drop across the board after Theresa May’s comments regarding European trade negotiations. The Prime Minister claimed that those looking at keeping aspects of our relationship with…(read more)

NZD currency update: GBP/NZD edges closer to 1.77

Written by Joe Mayhew on Friday, January 6, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 There were no announcements from New Zealand overnight to drive prices; however, GBP/NZD has edged up from 1.76 mid-market to closer to 1.77. That’s not to say that there may not be some volatility later today with Non-Farm Payrolls set to be issued from…(read more)

NZD currency update: little economic data to move the Kiwi dollar

Written by Joe Mayhew on Thursday, January 5, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 There was little to move the Kiwi dollar overnight due to a lack of any economic data releases. The Kiwi did manage to gain on the pound; however, this was due to sterling weakness rather than Kiwi strength. NZD weakened against the euro; however,…(read more)

NZD currency update: weaker GDT Price Index readings

Written by Joe Mayhew on Wednesday, January 4, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 Trade remained somewhat subdued for GBP/NZD overnight despite weaker than previous GDT Price Index readings. Global Dairy Trade prices measure the price of dairy products, one of New Zealand’s most significant exports, and can have a bearing on the price of the kiwi as…(read more)

NZD currency update: things should get back to normality after the festive period

Written by Joe Mayhew on Tuesday, January 3, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi dollar managed to make some gains on its counterparts last night in spite of a lack of any major economic releases. Now that the festive period is out of the way things should get back to some degree of normality; as such,…(read more)

NZD Update: Declines yesterday following erratic day for the pound

Written by Joe Mayhew on Thursday, December 29, 2016. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD declined yesterday from highs near 1.78 mid-market to the mid-1.76s. There was no major catalyst for the move as there were no announcements from New Zealand; although, the pound did have an erratic day’s trading. At the time of writing EUR/NZD is in…(read more)

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