New Zealand Dollar is star of the show this week (Daniel Wright)

The best performance of the week so far appears to be that of the New Zealand Dollar as it fired back to levels we saw when ‘Brexit’ fears were at their highest.

We have not seen a huge amount of positive economic data for New Zealand however the currency does appear to be well and truly on the charge, this will start to concern the RBNZ in my opinion who may make a move to try and switch this back around sooner rather than later.

The RBNZ (Reserve Bank of New Zealand) do not want to see NZD rates creep too much higher as it may begin to impact exports and with New Zealand being a mainly export driven country this may start to do more damage than good to the economy.

If you are looking to buy or sell New Zealand Dollars in the near future then it is well worth getting in contact with us here directly for a live quote. Feel free to email me (Daniel Wright) on [email protected] with a brief description of what you are looking to do and I will be more than happy to contact you personally.