Foremost Currency Group

Make the most of your currency

Talk to our friendly team:+44 (0)1442 892060

Currency News - NZD

New Zealand Dollar Slides after Fed Rate Decision

Written by Joe Mayhew on Friday, September 22, 2017. Currency News - Sterling / NZD

Friday’s high: NZ$1.8527 Friday’s low: NZ$1.8362 NZD Tumbles as Investors Flock to US Dollar The New Zealand Dollar slumped against most of the other majors on Thursday in the wake of the latest Federal Reserve policy meeting which saw demand for the US Dollar jump, weakening high-yield currencies such as the ‘Kiwi’. Meanwhile the Pound…(read more)

New Zealand Dollar Steadies as NZ Election Nears

Written by Joe Mayhew on Thursday, September 21, 2017. Currency News - Sterling / NZD

Yesterday’s high: NZ$1.8498 Yesterday’s low: NZ$1.8345 New Zealand Dollar Strengthens on Current Account and Election Polls Demand for the New Zealand Dollar was stronger for most of Wednesday’s trade session. The ‘Kiwi’ easily pushed the Pound lower, despite positive UK retail sales data for August. On Wednesday, New Zealand’s Q2 current account report came in…(read more)

GBP NZD Slides as Political Uncertainty Weighs on Sentiment

Written by Joe Mayhew on Wednesday, September 20, 2017. Currency News - Sterling / NZD

Friday’s high: NZ$1.8613 Friday’s low: NZ$1.8458 Sterling Weakened by Rift in Conservative Party The Pound found itself falling against its peers on Tuesday as a developing split at the top of the Conservative government caused markets to become increasingly wary of the government’s plans for Brexit. The rift was initially caused by Foreign Secretary Boris…(read more)

GBP/NZD Slip Limited by ‘Kiwi’ Weakness

Written by Joe Mayhew on Tuesday, September 19, 2017. Currency News - Sterling / NZD

Yesterday’s high: NZ$1.8662 Yesterday’s low: NZ$1.8511 Political Jitters Keep NZD Pressured While the Pound was sold from its best levels in profit-taking against most major rivals on Monday, the New Zealand Dollar failed to capitalise. GBP/NZD continued to trend near the week’s opening levels, which were also near to the pair’s best levels since May….(read more)

GBP/NZD Surges Following Comments from BoE Policymaker

Written by Joe Mayhew on Monday, September 18, 2017. Currency News - Sterling / NZD

Friday’s high: NZ$1.8740 Friday’s low: NZ$1.8481 Sterling Strengthened by Rate Hike Hints The Pound continued to make solid gains against the New Zealand Dollar on Friday, following remarks by MPC member Gertjan Vlieghe at a speech in London in which he suggested a rate hike could be implemented in the coming months. Markets took this…(read more)

Bank of England (BoE) News Boosts GBP/NZD

Written by Joe Mayhew on Friday, September 15, 2017. Currency News - Sterling / NZD

Yesterday’s high: NZ$1.8571 Yesterday’s low: NZ$1.8193 Pound Surges against Limp New Zealand Dollar Investors have had little reason to buy the New Zealand Dollar this week, which made it easier for GBP/NZD to advance during Thursday’s Pound rally. The Bank of England’s (BoE) September meeting minutes indicated that if Britain’s economy continues to be better…(read more)

New Zealand Dollar Fails to Benefit from Pound Weakness

Written by Joe Mayhew on Thursday, September 14, 2017. Currency News - Sterling / NZD

Yesterday’s high: NZ$1.8274 Yesterday’s low: NZ$1.8187 GBP/NZD Fluctuates Despite Poor UK Wage Growth Despite some disappointing UK employment data yesterday, the Pound to New Zealand Dollar exchange rate losses were limited. The pair still trends higher than the week’s opening levels. Sterling became slightly weaker when it was confirmed that July’s UK wage growth figures…(read more)

NZD Strengthens as Polls Favour National Party in General Election

Written by Joe Mayhew on Wednesday, September 13, 2017. Currency News - Sterling / NZD

Yesterday’s high: NZ$1.8263 Yesterday’s low: NZ$1.8035 NZD Lifted by Recent Polling Data The New Zealand Dollar advanced against the majority of its peers on Tuesday as recent polling data by Newshub suggested that the National Party is currently 4 points ahead of its closest rival, Labour. The polling data helped to alleviate some of the…(read more)

NZD Left to Respond to UK News

Written by Joe Mayhew on Tuesday, September 12, 2017. Currency News - Sterling / NZD

Yesterday’s high: NZ$1.8250 Yesterday’s low: NZ$1.8077 Pound Unsettled by Parliament Vote on Post-Brexit Laws Yesterday saw the Pound fluctuate against the New Zealand Dollar, owing to widespread concerns about a late-night vote in Parliament. In the run up to the vote on the EU repeal bill, there were worries that opposition MPs could scupper the…(read more)

NZD Fluctuates on Political Instability

Written by Joe Mayhew on Monday, September 11, 2017. Currency News - Sterling / NZD

Friday’s high: NZ$1.8164 Friday’s low: NZ$1.7906 NZD/GBP Losses Caused by Gathering Labour Momentum Political news weakened the New Zealand Dollar yesterday, with a strong performance from Labour’s Jacinda Ardern keeping the election race unpredictably close. Although dismissed as ‘stardust’ by defending National Bill English, Ardern quickly repurposed the word into a rallying phrase for her…(read more)

© Copyright 2013 to 2017 | Foremost Currency Group Ltd | All rights reserved