The New Zealand dollar was a major beneficiary of another 'risk-on' market pulse that followed Donald Trump's confirmation that peace talks were likely to resume in Pakistan.
GBP/NZD gapped higher on Monday's open in a reflexive response to Sunday's news that the situation in the Persian Gulf will likely escalate again in the coming days.
RBNZ puts a stop to declines with 'hawkish' commentary.
GBP/NZD Upside a Winning Bet This Week
- Category: NZD
Further gains by the pound-New Zealand dollar exchange rate are anticipated as war escalation risks and the RBNZ decision loom.