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NZD currency update: Kiwi dollar weakens against the pound

Joe Mayhew Senior Currency Broker - NZD currency update: Kiwi dollar weakens against the pound 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 move prices too severely.

There are no announcements due from New Zealand overnight and EUR/NZD sits just below 1.48.

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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