Better-than-expected GDP figures in the US caused risk appetite to surge across the board enabling the kiwi to post gains of over a cent against the pound.
The solid GDP figure in the US renewed optimism about recovery in the …
Sterling managed to close last week at a near two-week high of 2.2056 against kiwi, as the UK currency continued to build on support from a BoE official.
The ailing pound managed to build on Thursday’s gains, rallying a …
The pound lost a further one and a half cents to the kiwi following negative UK data, and as the aussie rate hike put the focus on the next RBNZ rate decision.
Fears that Britain's fragile economic recovery is …
The New Zealand dollar advanced for the third consecutive day yesterday, as demand for kiwi assets remained high and as sterling weakness becomes ever more apparent.
The kiwi gained another two and half cents (1.1%) yesterday after the BoE …
Following positive news in New Zealand, the kiwi climbed strongly yesterday but had its gains steadily pulled back after the release of the MPC minutes.
It was revealed early yesterday morning that New Zealand had officially exited recession posting …