DirectFX-phone-number-and-phone-image3.gif

p_7_top.jpg

Get a free Quote

Name
Email
Phone
From CCY
To CCY
Amount
Message
please type the characters you see:
(spam filter)
spam control image
 
p_1_top.gif

Apply now

Obligation free account and currency commentary btn_apply_for.gif
p_1_bottom.gif
Browse By Topic

FX News

Most recent FX News:

Read more

The NZD sees further appreciation against the Pound Sterling.

Written by Sam Coxhead on September 14th, 2012.      0 comments

2:32 PM (NZT) The NZ dollar saw grinding appreciation against the Pound Sterling ahead of last night’s FED monetary policy announcement. Since the announcement for further quantitative easing from the FED the NZD has doubled its gains for the week. Further appreciation from the NZD cannot be discounted in the short term, but any further gains will likely be harder to make. Next week sees UKL inflation numbers released on Tuesday, ahead of the BOE monetary policy meeting minutes on Wednesday. Thursdays 2nd quarter NZ GDP number will be closely watched also. Currently levels do offer good value buying of GBP with NZ dollars, and patience should pay off for those looking to repatriate funds from the UK to New Zealand.
 
The current interbank midrate is:                                                            NZDGBP .5153                               GBPNZD 1.9406
                                                               
The interbank range so far this week to date has been:                 NZDGBP .5049 - .5159                GBPNZD 1.9384 – 1.9806

Topics: GBP NZD
 

Comments