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Currency News - NZD

NZD currency update: GBP/NZD drops whilst EUR/NZD rises

Written by Joe Mayhew on Monday, April 24, 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 Kiwi announcements to drive NZD rates yesterday; however, there was still a great deal of movement in the Currency Market. This was mainly due to the French election which saw Emmanuel Macron and Marine Le Pen become the two candidates going…(read more)

NZD currency update: Week of weakening

Written by Joe Mayhew on Friday, April 21, 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 was relatively flat against its counterparts last night after a week of weakening. GBP/NZD has risen from 1.78 to 1.8250 this week after Theresa May called for a snap General Election. This comes in spite of better than anticipated inflation readings…(read more)

NZD currency update: GBP/NZD soars after May calls for election

Written by Joe Mayhew on Wednesday, April 19, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 GBP/NZD soared yesterday on the news that Theresa May had called for a snap election on June the 8th. GBP/NZD moved by four cents on the news; rising from 1.78 to over 1.82. Overnight there was the publication of the GDT Price Index; however,…(read more)

NZD currency update: Little movement in NZD pairs

Written by Joe Mayhew on Tuesday, April 18, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 After the Easter break there was little movement in NZD pairs. The Kiwi did weaken against both the pound and the euro, however; with EUR/NZD moving from 1.51 to 1.5175 mid-market and GBP/NZD rising from 1.79 to 1.7950. There were no announcements overnight to…(read more)

NZD currency update: Kiwi dollar weakens once again

Written by Joe Mayhew on Thursday, April 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 weakened again throughout the London session yesterday. There were no major catalysts to drive this fall in value; however, risk-sentiment has been waning in the last few weeks and the Kiwi’s recent surge seems to be unwinding as the US Federal…(read more)

NZD currency update: Sterling jumps against a number of its counterparts

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

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 Sterling jumped against a number of its counterparts yesterday afternoon despite inflation readings coming in largely as forecast. GBP/NZD rose from 1.7850 to 1.7965 and EUR/NZD from 1.5240 to 1.53 mid-market. There were no kiwi releases overnight and tonight we have Business PMI and…(read more)

NZD currency update: Electronic Card Retail Sales figures from NZ have little impact

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

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 Better Electronic Card Retail Sales figures from New Zealand was of little use to the Kiwi against its counterparts overnight. The reading improved on the last gauge (-0.3% versus -0.6%) though the negative figure likely tempered any major NZD gains. GBP/NZD currently sits at…(read more)

NZD currency update: Potential for movement over the next few days

Written by Joe Mayhew on Monday, April 10, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / NZD

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 Kiwi pairs were broadly range bound overnight after no economic releases were issued by New Zealand. GBP/NZD remained within a forty pip band and EUR/NZD within a thirty-five pip range. The pairs sit at 1.7840 and 1.5240 respectively at mid-market. Tonight there is the…(read more)

NZD currency update: US launches missiles against Syria

Written by Joe Mayhew on Friday, April 7, 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 Kiwi announcements issued overnight to move exchange rates and, as such, NZD crosses were somewhat muted. GBP/NZD remained within a one cent range as did EUR/NZD and NZD/USD remained just below 0.70. Most of the markets were focussed on the news…(read more)

NZD currency update: Kiwi has an uneventful evening

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

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The Kiwi had a somewhat uneventful evening against its counterparts as there were no economic releases issued. The pound did manage to make some gains on a number of its counterparts yesterday, including the Kiwi, and the pair rose from 1.7850 to 1.7950. EUR/NZD…(read more)

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