NZD is poised for gradual appreciation through 2026 says ANZ.
The Pound is trending higher against the New Zealand Dollar, but near-term consolidation is possible.
The New Zealand dollar is expected to remain under pressure in the coming months, despite general softness in the U.S. dollar, according to Volkmar Baur, FX analyst at Commerzbank.
A monitor of New Zealand inflationary pressures shows inflation continues to cool, allowing the RBNZ to cut interest rates further.