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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.

Pound Rallies After Upbeat Retail Sales

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) strengthened against most of its peers yesterday as markets reacted positively to the UK’s latest retail sales data. The ONS reported that sales leapt from -0.5% to 1.4% in February, sailing past initial expectations of 0.4% growth and suggesting consumers were still willing to spend despite rising inflation. However, Sterling softened overnight against some of the majors as economists warned that first quarter growth would still be negatively affected by lacklustre sales at the start of the year. View article >

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

The New Zealand Dollar is today down -0.14% against the United States Dollar, down -0.5% against the British Pound Sterling, down -0.06% against the Euro, up 0.17% against the Australian Dollar, down -0.08% against the Chinese Yuan and down -0.15% 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 Steady as Markets Brace for Brexit

Sterling

GBP/USD 1 Week Chart
The Pound stabilised against the majority of its peers yesterday as markets begin to limit movements ahead of the start of Brexit next week. Investors remain dovish in advance of Theresa May triggering Article 50 on Wednesday as the following two years of negotiations will create a great deal of market uncertainty. However Sterling was able to strike higher this morning following the release of the UK’s latest retail figures for February, which clocked in at 3.7% on the year instead of 2.6% as forecast. View article >

GBP up on EUR, USD, AUD as UK Inflation Rises

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) rallied against its peers on Tuesday as markets reacted favourably to the UK’s latest inflation figures. Data released by the ONS showed that the inflation rate leapt from 1.8% to 2.3% in February, outpacing forecasts it would rise to 2.1% and striking its highest levels since September 2013. The jump prompted speculation that the Bank of England (BoE) will be forced to raise interest rates to prevent inflation from rising further. View article >

Pound Softens as Brexit Date Announced

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) tumbled against the other majors yesterday as Prime Minister Theresa May announced that she would trigger Article 50 next Wednesday. The slump suggests that Brexit has not been completely priced into Sterling, with markets still having concerns over the uncertainty that Britain’s split from the EU will bring. However the Pound could mount a recovery later this morning as economists expect February’s CPI figures to surge, with the UK’s inflation rate forecast to jump from 1.8% to 2.1%. View article >

Pound’s Early Losses Reversed by Rate Hike Speculation

Sterling

GBP/USD 1 Week Chart
An early morning slump in the Pound (GBP) was reversed this morning as markets began to speculate on the possibility of the Bank of England raising interest rates earlier than expected. The dissent of policymaker Kristin Forbes in last week’s policy meeting and expectations that inflation will continue surging this month has prompted economists to forecast that the BoE may hike rates later this year. View article >

Pound Rallies after Lone BoE Vote for Rate Hike

Sterling

GBP/USD 1 Week Chart
The Pound (GBP) received an unexpected boost yesterday as a Bank of England (BoE) policymaker broke ranks and voted to raise interest rates in the March meeting. While the monetary policy committee (MPC) ultimately voted 8-1 to leave interest rates unchanged at a record low of 0.25%, the dissent from Kristin Forbes was enough to send markets crazy as she argued that the rapid rise in inflation and strong employment stats were indications that the BoE should be looking to tighten monetary policy. View article >

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

The New Zealand Dollar is today down -0.83% against the United States Dollar, down -1.29% against the British Pound Sterling, down -1.2% against the Euro, down -0.34% against the Australian Dollar, down -1.05% against the Chinese Yuan and down -0.83% 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 >

Dollar Steady after FOMC Drop

The US dollar was thrashed after the delivered what can best be described as a “doveish rate hike” on Wednesday. That moved had been well-telegraphed by Fed officials well ahead of time which gave rise to expectations for an upward shift in the pace of 2017 rate increases.  It didn’t happen. Traders bailed out of long US dollar positions and the greenback dropped across the G10 currency bloc. View article >

Pound Tumbles Ahead of BoE Rate Decision

Sterling

The Pound (GBP) softened this morning against the majority of its peers as markets await the results of the Bank of England’s (BoE) latest policy meeting. Despite a report from The Times suggesting that the Bank may begin discussing the possibility of a rate hike following the uptick in inflation, most economists forecast that the BoE will announce that interest rates will be kept at record lows today. View article >

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