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Currency News - NZD

NZD currency update: rate remains relatively flat

Written by Joe Mayhew on Friday, February 24, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD remained relatively subdued over the last 24 hours, remaining within a 1 cent range between $1.73 and $1.74.,/strong> With no data from the UK or New Zealand today it’s likely to remain flat. On Monday however we have Trade Balance data from NZ…(read more)

NZD currency update: sterling becomes the de facto safe haven currency

Written by Joe Mayhew on Thursday, February 23, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD rose to highs of $1.74 yesterday, as sterling became the de facto safe haven currency in light of political concerns in Europe following gains for Marine Le Pen. However as is often the case, the gains were short lived as investors took profits…(read more)

NZD currency update: New Zealand dollar performs better overnight

Written by Joe Mayhew on Monday, February 20, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The New Zealand dollar performed better against a number of its counterparts overnight after better than anticipated PPI figures. PPI Output shot up by half a percent which allowed NZD/USD to rise; against the pound; however, the Kiwi didn’t make much headway. That was…(read more)

NZD currency update: GBP/NZD improves overnight

Written by Joe Mayhew on Friday, February 17, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD improved overnight after weaker than anticipated Kiwi Retail Sales and NZ business PMI. This saw GBP/NZD rise from around 1.72 to over 1.7350 mid-market and EUR/NZD is just over 1.48. GBP/NZD exchange rate graph If you don’t have an account here at Foremost…(read more)

NZD Update: Earnings figures drop kiwi/pound cross

Written by Joe Mayhew on Thursday, February 16, 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 by a cent yesterday after the UK published weaker than anticipated Average Earnings figures. These dropped to 2.6% from 2.7% and reinforced the notion that, post-Brexit, we could see a rise in prices without a corresponding rise in wages.  There were no…(read more)

NZD currency update: Weaker than estimated inflation readings from the UK

Written by Joe Mayhew on Wednesday, February 15, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD remained within a one point range yesterday; moving between 1.7350 and 1.7450. The Kiwi initially gained strength on the pound after weaker than estimated inflation readings from the UK. Whilst this initially muted the pound’s recent run sterling did make a modest recovery…(read more)

NZD currency update: Kiwi dollar weakens against the pound

Written by Joe Mayhew on Tuesday, February 14, 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 continued to weaken against the pound yesterday; however, this was in part due to the strength of the pound ahead of today’s UK inflation readings. There was a better Food Price Index figure from New Zealand; although, this did little to…(read more)

NZD currency update: Better Retail Sales Figures

Written by Joe Mayhew on Monday, February 13, 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 remained fairly muted last night in spite of Retail Sales figures bettering previous readings by some margin. The last measure saw a number of -0.1%; however, last night Retail Sales printed at 2.7%. This had little impact on GBP/NZD, with the…(read more)

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