NZD/EURO Transfer

ByDragana My Engine Lab

The UK/US Trade agreement, announced on VE Day, was a huge boost to the UK economy and the currency. This was quickly followed by the US/China 90 Day trade deal, which went a long way to allaying fears, of a global trade war. UK GDP economic growth, for Q1, beat expectations. The GBP has gained ground on the KIWI, with the cross falling back to 0.4400. This may have further downside.

The current interbank midrate is: NZDGBP .4415 GBPNZD 2.2650
The interbank range this week has been: NZDGBP .4405 – 4475 GBPNZD 2.2340 – 2.2690

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