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NZD currency update: Kiwi dollar couldn’t recoup its losses

Joe Mayhew Senior Currency Broker - NZD currency update: Kiwi dollar couldn't recoup its losses Written by:
Joe Mayhew
Senior Currency Broker
T: 01442 892 069

The kiwi dollar couldn’t recoup its losses versus the pound yesterday evening in spite of better than anticipated Business PMI figures.

These jumped from 52.2 to 55.2 but did little to impact GBP/NZD; which climbed from 1.7550 to 1.7750. The kiwi did manage to make back some losses against the euro and EUR/NZD now sits at 1.5404.

There are no more announcements set to be issued from New Zealand this week.

GBP/NZD exchange rate graph

GBP/NZD exchange rate graph

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To keep up to date with the New Zealand dollar, visit our NZD blog section on our website here.

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Joe Mayhew
Senior Currency Broker
T: 01442 892 060

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