New Zealand Dollar finally gets some respite (Tom Holian)

GBPEUR Rejected by 1.17 Price Level Again

The New Zealand Dollar found support after the Chinese stock market finally showed a positive move after the worst start to the year ever recorded in history.

The recent Chinese slowdown has had a negative impact on the NZD creating the best opportunities to buy NZD with Sterling for a few weeks.

With Chinese trade balance, export and import data due on Wednesday this could cause the next big catalyst for exchange rates.

Personally I think we’ll see Sterling go in an upwards direction this week against the New Zealand Dollar

If you have a currency transfer to make and want to save money on buy NZD with Sterling then contact me directly for a free quote. Tom Holian [email protected]