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By Rob Bastin

Kiwi dollar exchange rates have improved by 1.10% in favour of the pound by lunch time on Friday. With no data out for the UK today, the markets are continuing to take confidence from Paul Fishers comments on Wednesday.

By Michael Vaughan

In a trend very much against recent exchange rate movements, sterling gained over 1% against the NZD. This was following a report from Paul Fisher, a member of the Bank of England’s Monetary Policy Committee, which hinted that Quantitative Easing (the banks policy of printing money) is beginning to work. Much of sterling’s heavy losses of late can be attributed to Quantitative Easing and with rumours that we may have seen the end of the stimulus plan has given much needed support to GBP exchange rates, the burning question is will this last?

By Rob Bastin

Comments from MPC member Paul Fisher has seen Sterling rally against the New Zealand Dollar buy 1.2% by lunch time on Thursday. Paul Fisher told the Financial Times he felt more confident the central bank’s asset purchase programme was “having the scale and speed of impact that we would have hoped for when we started (in March)”.

By Rob Bastin

The pound has had another poor start to the week losing 0.5% against the New Zealand dollar. Key data at 10.45pm UK time will give an insight to New Zealand Retail Sales figures for August. Forecasts are for a 1% improvement which could see the Kiwi Dollar strengthen if confirmed.

By Tom Holian

The New Zealand Dollar has continued with its recent trend of strengthening against Sterling currently trading at approx 2.16. This has created fantastic selling opportunities for those looking to move New Zealand Dollars to the UK.