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NZD currency update: Poorer than forecast results from Westpac Consumer Survey

Joe Mayhew Senior Currency Broker - NZD currency update: Poorer than forecast results from Westpac Consumer Survey Written by:
Joe Mayhew
Senior Currency Broker
T: 01442 892 069

The Kiwi dollar managed to regain some ground on its counterparts overnight despite poorer than forecast results from the Westpac Consumer Survey.

This came in at 111.9, the prior reading was 113.1, but this didn’t stop GBP/NZD falling from 1.7680 to 1.7560 and EUR/NZD from 1.5425 to 1.5270. Today from New Zealand we have Visitor Arrivals figures.

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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