By Rob Bastin

There has been little movement in GBP/NZD exchange rates today, as the pound has gained just 0.20% by 3:00pm UK time. The next couple days could have a significant effect on exchange rates as New Zealand announce their unemployment rate for the 3rd quarter tomorrow at 10:45pm GMT, and the Band of England announce on Thursday at 12pm GMT whether they are to increase the quatitative easing programme. Sterling is likely to fall if they vote in favour of an extension.