Consumers are in retreat; that should be enough to convince the RBNZ it doesn't need to raise interest rates next week.
The pound rises against the New Zealand dollar on Monday and looks set to trade at the 2.28 pivot in the coming days.
New Zealand Dollar to "Languish": Westpac
- Category: NZD
"The NZD is likely to languish for a while yet," says Westpac, the Australia and New Zealand banking giant.
New Zealand Dollar Leads the Pack
- Category: NZD
A combination of geopolitical and domestic headlines underpins the NZD advance.
