Category: NZD

Pound Sinks, GBP/EUR, GBP/AUD, GBP/NZD, GBP/JPY Exchange Rates Drop after UK Data
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Pound Sinks, GBP/EUR, GBP/AUD, GBP/NZD, GBP/JPY Exchange Rates Drop after UK Data

The Pound Sterling exchange rate has fallen on Wednesday after a mixed bag of economic data. The British currency sank below 1.13 against the Euro (GBP/EUR), and noted hefty losses against the Australian Dollar (GBP/AUD), New Zealand Dollar (GBP/NZD), and Japanese Yen (GBP/JPY). The UK Industrial Production figure grew by 0.4% in November, but the...

CAD and NZD Exchange Rates Jump on Oil Surge and RBNZ Governor, UK Inflation Jumps to 3.1%
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CAD and NZD Exchange Rates Jump on Oil Surge and RBNZ Governor, UK Inflation Jumps to 3.1%

The Canadian Dollar exchange rate strengthened slightly against the US Dollar (CAD/USD) and Pound Sterling (CAD/GBP) on Tuesday after oil prices broke through US$65 – the highest level since mid-2015. The jump in black gold came after one of Britain’s key pipelines, the Forties pipeline, was discovered to have a crack. The crack expanded and...

GBP/EUR, GBP/NZD, GBP/AUD Climb Despite Drop in Consumer Confidence and Pay Squeeze Prospects
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GBP/EUR, GBP/NZD, GBP/AUD Climb Despite Drop in Consumer Confidence and Pay Squeeze Prospects

The Pound to Euro (GBP/EUR), Pound to New Zealand Dollar (GBP/NZD) and Pound to Australian Dollar (GBP/AUD) exchange rates were trending higher in Friday’s European session despite a drop in Consumer Confidence, according to YouGov and the Centre for Economics and Business Research (CEBR). According to the latest statistics, UK consumers are at their gloomiest...

GBP/AUD, GBP/NZD Recoups Ground as Aussie Retail Sales Flop and UK Services Jump
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GBP/AUD, GBP/NZD Recoups Ground as Aussie Retail Sales Flop and UK Services Jump

The Pound to Australian Dollar (GBP/AUD) exchange rate clawed back some of its losses on Friday, climbing by around 0.96%, after declining by around 2.0% on Thursday. The Pound also rose against the New Zealand Dollar (GBP/NZD) in Friday’s European trading. GBP slipped dramatically on Thursday as markets digested the minutes from the Bank of...

GBP/NZD, GBP/JPY, GBP/ZAR Advance on SA Cabinet Reshuffle, Dairy Prices, and UK Labour Data
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GBP/NZD, GBP/JPY, GBP/ZAR Advance on SA Cabinet Reshuffle, Dairy Prices, and UK Labour Data

The Pound advanced against the New Zealand Dollar (GBP/NZD), Japanese Yen (GBP/JPY) and South African Rand (GBP/ZAR) on Wednesday after UK labour market data was published. The UK Unemployment Rate maintained its 42-year low at 4.3% in the three months through August, but average weekly earnings were lacklustre once again, at 2.2%. Employment Change also...

GBP/NZD, GBP/CAD, GBP/EUR Climb Ahead of UK Inflation Data, GBP/AUD, GBP/USD in Tight Range
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GBP/NZD, GBP/CAD, GBP/EUR Climb Ahead of UK Inflation Data, GBP/AUD, GBP/USD in Tight Range

The Pound was trading higher against the Euro (GBP/EUR), Canadian Dollar (GBP/CAD), US Dollar (GBP/USD), and New Zealand Dollar (GBP/NZD) at the start of Tuesday’s European session, while trending in a tight range against the Australian Dollar (GBP/AUD). It’s expected the Pound Sterling exchange rate will experience some movement today as highly influential UK inflation...