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Pound-to-New Zealand Dollar Week Ahead Forecast: RBNZ Could Help Break Resistance Zone


- But now faces strong resistance
- RBNZ to provide NZD volatility
Above: RBNZ Governor Orr is in focus midweek. File image © Pound Sterling Live, Still Courtesy of RBNZ.
GBP/NZD reference rates at publication:
Spot: 1.9683
Money transfer specialist rates (indicative): 1.9074-1.7540
More information on securing specialist rates, here
Set up an exchange rate alert, here
The Pound is likely to struggle against the New Zealand Dollar over the short-term given the significant technical resistance in the market around current levels, however the mid-week
Reserve Bank of New Zealand meeting is tipped by some market professionals to offer excitement.
The meeting of the Reserve Bank of New Zealand (RBNZ) will come as the Pound-to-New Zealand Dollar exchange rate (GBP/NZD) looks to extend its May advance, having travelled from an open of 1.9307 to record rates around 1.9688 at the present time. ....

New Zealand , Zach Pandl , Ashish Agrawal , Goldman Sachs , Morgan Stanley , Pound Sterling Live , Still Courtesy , New Zealand Dollar , Reserve Bank , Pound To New Zealand Dollar , Australian Dollar , Market Orders , Gbp Nzd , New Zealand Dollar , British Pound , புதியது ஜீலாந்து , கோல்ட்மேன் சாக்ஸ் , மோர்கன் ஸ்டான்லி , பௌஂட் ஸ்டெர்லிங் வாழ , ஸ்டில் மரியாதை , புதியது ஜீலாந்து டாலர் , இருப்பு வங்கி , பௌஂட் க்கு புதியது ஜீலாந்து டாலர் , ஆஸ்திரேலிய டாலர் , சந்தை ஆர்டர்ஸ் ,

New Zealand Dollar on "Highway to Strength" says HSBC in New Forecast Update


New Zealand Dollar on Highway to Strength says HSBC in New Forecast Update
Modified: Monday, 17 May 2021 09:45 BST
Written by Gary Howes
- NZD/USD forecast to end year higher
- Strong trade balance to aid NZD higher
Image © Adobe Stock
Spot: 1.9546
Money transfer specialist rates (indicative): 1.8936-1.7410
More information on securing specialist rates, here
Set up an exchange rate alert, here
The New Zealand Dollar is on a highway to strength , say analysts at
HSBC, the global investment bank and lender.
In a new research briefing to clients HSBC say they expect the New Zealand Dollar to outperform alongside the Australian Dollar, thanks in part to the strong trade accounts the two countries hold with the rest of the world. ....

New Zealand , Paul Mackel , Morgan Stanley , Fx Research , New Zealand Dollar , Australian Dollar , Global Head , New Zealand Dollars , Pound To New Zealand Dollar , Market Orders , Gbp Nzd , New Zealand Dollar , British Pound , புதியது ஜீலாந்து , பால் மாக்கேள் , மோர்கன் ஸ்டான்லி , ஃப்க்ஸ் ஆராய்ச்சி , புதியது ஜீலாந்து டாலர் , ஆஸ்திரேலிய டாலர் , உலகளாவிய தலை , புதியது ஜீலாந்து டாலர்கள் , பௌஂட் க்கு புதியது ஜீலாந்து டாலர் , சந்தை ஆர்டர்ஸ் ,