New Zealand Dollar finally gets some respite (Tom Holian)

Pound Euro falls after PMI Services Data in the UK

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