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NZD currency update: No economic annoucements issued but there was some movement

Joe Mayhew Senior Currency Broker - NZD currency update: No economic annoucements issued but there was some movement Written by:
Joe Mayhew
Senior Currency Broker
T: 01442 892 069

There were no economic announcements issued from New Zealand overnight; however, there was some movement amongst Kiwi pairs.

This was mostly due to the shift in EUR/USD, however, which saw the Kiwi flat versus the pound (remaining within a range of 1.87 to 1.8750) it weaken against the euro (moving from 1.58 to 1.5890) but making some modest gains against the US dollar.

Tonight from New Zealand we are set to have the GDT Price Index and their PPI measures.

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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