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By Tom Holian

Sterling has moved by 0.43% against the New Zealand Dollar as the UK economy posts some strong Manufacturing data.

By Tom Holian

GBP vs NZD saw a small increase yesterday following the PMI data which showed that UK manufacturing had shown growth for the first time in fifteen months. After a period of negativity between the currency pair Sterling showed signs of strength.

By Tom Holian

Sterling vs New Zealand Dollar has seen a huge recovery this afternoon following the Weekly Overview commentary out today by BNZ chief economist Tony Alexander. Bollard the Reserve Bank Governor said ‘despite signs of a levelling off in economic activity, the economy remains weak. We continue to expect to see a patchy recovery get underway toward the end of the year, but it will be some time before growth returns to healthy levels.’  Owing to the comments we saw the exchange rate for GBP vs NZD hit 2.52 this afternoon.

By Tom Holian

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.

By Tom Holian

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.