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New Zealand Dollar – Daily Market Updates with latest New Zealand Dollar exchange rates, charts and rate changes in the major NZD cross currency pairs. This allows you to take advantage of any market moves plus the low margins from our online currency and foreign payment partners to ensure you get the best possible exchange rates deals.

Strong Retail Sales Help to Prop up Pound

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) recovered from an overnight slump yesterday as UK Retail Sales rocketed higher in February, following a slight downtrend the month before. A survey by the Confederation of British Industry (CBI) reported that retailers saw a 9% increase in activity this month after previously reporting an 8% decline in January. However the outlook for the rest of 2017 wasn’t quite so upbeat, with retailers expecting that rising costs and the uncertainty of Brexit will weigh on the sector over the next twelve months. View article >

New Zealand Dollar – Fri Feb 24: NZD Up vs USD, EUR, AUD, CNY & FJD and Down vs GBP.

The New Zealand Dollar is today up 0.68% against the United States Dollar, down -0.19% against the British Pound Sterling, up 0.35% against the Euro, up 0.23% against the Australian Dollar, up 0.48% against the Chinese Yuan and up 0.3% against the Fijian Dollar.
NZD Daily Rate Alerts
Read on for the latest 1-week and 3-month NZD cross rate fluctuations, charts and trends. View article >

Pound Falters as Business Investment Dries Up

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) tumbled against the other majors yesterday as the UK’s latest growth report painted a gloomy picture for 2017. While fourth Quarter GDP figures saw a slight uptick, rising from 0.6% to 0.7%, Sterling fell as economists predicted that growth would slow in 2017. Meanwhile, investors were also concerned about the drop in UK business investment as it fell from 0.4% to -1% over the same period. View article >

Pound Rises Following Bumper Budget Surplus

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) rose against most of the other majors yesterday as the UK’s latest Public Sector Borrowing figures impressed investors. The ONS reported that the government’s budget jumped from a deficit of £4.24bn to a surplus of £9.82bn in January, its highest reading in 17 years. Meanwhile Sterling could advance even further later this morning with the release of the UK’s latest GDP figures, especially if figures exceed expectations. View article >

Pound Gains Against Most of the Majors as House of Lords Debates Brexit Bill

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) rose against the majority of its peers on Monday as the House of Lords began its debate on the government’s Brexit bill. Investors are optimistic that opposition peers will be able to attach a number of amendments to the bill as the Conservatives lack an outright majority in the upper house. Meanwhile, Sterling is likely to fluctuate later this morning following the release of the latest Public Sector Borrowing figures. View article >

Pound Weakened by Poor Retail Sales

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) plummeted against its peers at the end of last week’s session thanks to a disappointing Retail Sales report. Figures showed that sales plummeted from 4.7% to 2.6% in January, sliding further than the 0.8% drop that had been predicted and completing a third consecutive month of losses. Rising prices and low wage growth were seen as major reasons for the drop, with investors expecting that UK GDP will take a hit if the trend continues. View article >

Retail Sales Contraction Dents Pound, Euro Struggles Under Greek Debt Worries

Pound Sterling

GBP/USD 1 Week Chart
January’s UK retail sales report proved unexpectedly disappointing, setting the Pound on a bearish trend. Sales were found to have contracted -0.3% on the month, adding to the significant weakening in spending seen over the Christmas period. This suggested that consumer confidence has already begun to deteriorate, which could see economic growth slow significantly in coming months. View article >

New Zealand Dollar – Fri Feb 17: NZD Up vs AUD and Down vs USD, GBP, EUR, CNY & FJD.

The New Zealand Dollar is today down -0.17% against the United States Dollar, down -0.38% against the British Pound Sterling, down -0.64% against the Euro, up 0.07% against the Australian Dollar, down -0.4% against the Chinese Yuan and down -0.61% against the Fijian Dollar.
NZD Daily Rate Alerts
Read on for the latest 1-week and 3-month NZD cross rate fluctuations, charts and trends. View article >

Euro Holds Gains Despite Dovish ECB, US Dollar Falls Back on Risk Appetite

Pound Sterling

GBP/USD 1 Week Chart
In the absence of any fresh domestic data the Pound has managed to recover some of its lost ground, although any positive momentum has been somewhat limited. Investors have been encouraged to buy back into Sterling thanks to a lack of fresh Brexit developments, pushing GBP exchange rates generally higher. However, the Pound could come under renewed pressure ahead of the weekend if January’s retail sales figures point towards a reduced level of consumer spending. View article >

Pound Slumps on Disappointing Wage Growth, Australian Dollar Remains on Strong Uptrend

Pound Sterling

GBP/USD 1 Week Chart
The appeal of the Pound was weakened further by the latest UK wage growth figures, which showed a more limited increase in average weekly earnings than forecast. Coupled with the sharp rise in inflationary pressure in January this suggested that consumer spending is likely to be increasingly squeezed in the coming months. As much of the recent strength of the domestic economy has been driven by consumers, this naturally prompted investors to sell out of the Pound, pushing it lower across the board. View article >

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