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NZD currency update: Sterling jumps against a number of its counterparts

Joe Mayhew Senior Currency Broker - NZD currency update: Sterling jumps against a number of its counterparts Written by:
Joe Mayhew
Senior Currency Broker
T: 01442 892 069

Sterling jumped against a number of its counterparts yesterday afternoon despite inflation readings coming in largely as forecast.

GBP/NZD rose from 1.7850 to 1.7965 and EUR/NZD from 1.5240 to 1.53 mid-market.

There were no kiwi releases overnight and tonight we have Business PMI and the Food Price Index.

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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