Archive for July, 2009

Buying NZD

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GBP/NZD rates have turned around this afternoon with a Sterling rally that has improved exchange rates by 2 cents for anyone looking to purchase Kiwi dollars. The new zealand dollar had gained ground against the pound this morning after overnight business confidence data for New Zealand came out far better than expected.

Buying NZD with Pounds

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Sterling vs New Zealand Dollar has continued to fall this morning to its lowest level all year and it looks like the trend is not stopping at the moment.This could be owing to carry trading which has seen GBP vs JPY hit its highest level all year. For more up to date information please do not hesitate to contact our experienced currency brokers.

Sterling NZD Exchange Rates

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Sterling has lost ground throughout the course of the day against the kiwi dollar falling just over 0.5% on the day’s trading. With very little data released today those with a sterling/NZD requirement should keep an eye on data released overnight. At 04:00 am BST we have business confidence data released from the National Bank of New Zealand. Should we see an increase in confidence the recent run for the kiwi against sterling may well continue.

Best New Zealand Dollar Exchange Rate

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When searching for the best New Zealand Dollar exchange rate it is important that you consult with a currency broker. The rate this morning has dropped by 0.5% against the Pound following some sentiment with the Australian economy who saw confidence figure much better than the first quarter.

Buying New Zealand Dollars

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After a difficult week for Sterling exchange rates, rates for buying new zealand dollars have imporved by 0.5% so far during Monday mornings trading. Anyone looking to buy kiwi dollars should take note of tonights Trade Balance data release for New zealand. This will show the balance between imports and exports and can cause exchange rates to move.