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NZD currency update: Better Retail Sales Figures

Joe Mayhew Senior Currency Broker - NZD currency update: Better Retail Sales Figures 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 pair moving between a sixty pip range, EUR/NZD is just over 1.4750 and NZD/USD sits at just over 0.72 mid-market.

GBP/NZD exchange rate graph

GBP/NZD exchange rate graph

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Joe Mayhew
Senior Currency Broker
T: 01442 892 060

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