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.
GBP/NZD starts the new week attempting to stabilise after last week’s sharp sell-off, with the pair edging higher to 2.2972 on Monday.
Strategists at the UBS Chief Investment Office "see an opportunity to go long in the NZDUSD" over a short-term horizon.
