The New Zealand dollar could come under pressure in the near term, but it is tipped to outperform in the long term.
The Pound and New Zealand Dollar have a lot of fundamental similarities, which have conspired to suppress volatility in GBP/NZD.
Look at the chart of the Pound to New Zealand Dollar exchange rate below; you will notice the blue line running along the top of the recent daily bars.
Westpac's New Zealand Dollar Forecasts Show Bumpy Path vs. Pound, Euro but Gains vs. U.S. Dollar
- Category: NZD
The New Zealand Dollar is predicted to rise into the middle party of 2025 against most major currencies, according to a new update from economists at Westpac.