New Zealand Dollar Bears Brunt of USD Rally as Profit-taking, Yields Dominate
GBP/NZD spot rate at time of publication: 1.9380 Bank transfer rate (indicative guide): 1.8709-1.8845 FX specialist providers (indicative guide): 1.9097-1.9252 More information on FX specialist rates here The New Zealand Dollar was at the sharp end of a rallying U.S. Dollar on Friday when it suffered the steepest loss of all major currencies amid a further surge in bond yields that gave investors food for thought ahead of the weekend. New Zealand's Dollar was down against all majors including Pound Sterling as the Dollar rose in price action that appeared to reflect a mixture of profit-taki...