GBP/NZD trades at 2.3144 on Monday, extending a strong recovery from the late-February low of 2.24.
The NZ dollar continues to give back its 2026 winnings against the pound, with the latest bout of weakness taking GBP/NZD to its highest level in more than two months.
The RBNZ won't be in a rush to raise rates in response to the Iran conflict.
GBP/NZD Upside Momentum Builds
- Category: NZD
GBP/NZD momentum builds as Bank of England rate hike bets close the gap on New Zealand.
