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Carry Trading NZD

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Good morning readers,

The Bank of Japan minutes revealed later tonight will give us an insight into which way the currency pair GBP vs NZD may move over the next few days. Keep a watchful eye on its progress.

GBP vs NZD Near Record Lows

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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.

New Zealand Dollar Continues to Strengthen

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The New Zealand Dollar Continues to Strengthen by over 1% again today.

Why is the New Zealand Dollar Strengthening

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The New Zealand Dollar has continued to gain strength against Sterling and has done so by 35 cents over the last six months. Strong growth in the country means at the moment it seems difficult to see Sterling recover to its previous levels.

Sending Dollars to New Zealand

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The GBP vs NZD exchange rate has dropped by 5% during the month of August a huge difference on sending money overseas. If you’re looking for a competitive exchange rate please get in touch.