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Following a 25-basis-point rate cut in May, the Reserve Bank of New Zealand (RBNZ) has indicated a more dovish policy path ...
Given this pair is looking to be in a mean-reverting mode, a decline to 2.0869 is thus fancied by our Week Ahead Forecast model. We think the reason for this battle of attrition rests with the ...
Image credit: Lux Tonnerre. Sourced: Flickr. Licensing conditions: CC 2.0. The Pound is under pressure against the New Zealand Dollar, but is still ultimately pointed higher. The Pound to New Zealand ...