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Sterling has continued its strong gains against the NZD throughout the course of the day recovering from the losses seen in the early part of the week. Sterling has benefitted greatly from strong data released by Nationwide showing house prices on the rise. With the UK economy being heavily geared towards the housing market positive data such as this inevitably will give sterling strength and indeed we have seen sterling improve by 1.35% against the kiwi. For thouse with a sterling/NZD requirement it is important to keep your currency broker informed of your requirement as gains such as today can significantly reduce the cost of your transfer.