New Zealand Dollar Market Reports & Forecasts
To keep in the know, read our forecasts and market reports on the New Zealand Dollar. With information on currency rate changes, economic and political events and forecasts. Our reports will ensure you don’t miss any important details that could affect New Zealand Dollar exchange rates.
The RBNZ have hinted at an interest rate cut to help bolster the countries’ exports. Pound to New Zealand Dollar exchange rates have been on the rise with rates hitting their highest levels since January.
The RBNZ kept interest rates on hold last night, but dovish comments from Governor Wheeler saw a weakening of the New Zealand Dollar.
New Zealand’s huge dairy industry could be under threat from an overpriced New Zealand Dollar, which may force Governor Wheeler to talk down the economy at the RBNZ’s next interest rate decision this week.
The New Zealand Dollar has found support under 1.75 against the Pound. However, despite fears regarding Brexit, NZD is struggling to make a sustained move.
The RBNZ kept interest rates on hold last night under market expectations. Graeme Wheeler the bank’s Governor expects rates to remain low for some time.
A good start to the year for the New Zealand Dollar marking a decade of consistent growth for the economy. With the UK’s EU exit expected in March the New Zealand Dollar may make further gains against the Pound.
The New Zealand Dollar is being driven by political events in the US, following Trump’s repeal of the Trans-Pacific Partnership (TPP). Dairy prices are on the rise which may benefit NZD.
The New Zealand Dollar has hit a decade high against the Pound, with concerns that the UK is heading for a hard Brexit. Tomorrow’s Brexit plans from Theresa May could put further dents in the GBP/NZD position.
Last week the New Zealand Dollar came under pressure as its largest export, Whole Milk, fell by 3.9% at Global Dairy Auction of the year. This is starting to be a trend for the price in milk and a concern for New Zealand.
Tomorrow’s GDP figures are expected to show strong growth for the New Zealand economy, bolstered by the booming construction industry which has seen more than 40,000 homes built this year. Could an interest rate hike be on the table for the RBNZ in 2017?