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Read our Guides , Reviews , New Zealand dollar News and Forecasts

News 2026-02-05

Currency Market Update - Week ending 2026-02-08

Weekly currency market update—practical actions for SMBs, expats and travellers across AUD, CAD, GBP, NZD, SGD, USD, EUR and JPY

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Guide to the Euro: Understanding Europe's Common Currency for Travelers, Expats and Business

Understanding the Euro is not only crucial for navigating the financial landscapes of these countries but also for appreciating the broader economic and cultural contexts that shape Europe today.

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How to Choose the Best Money Transfer Provider

A comprehensive guide to choosing the best money transfer provider, covering key factors like fees, speed, exchange rates, and customer support, with comparisons of top providers.

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Compare the Best Multi-Currency Accounts for Travel, Business & Transfers

We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.

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How Currency Fluctuations Impact Your Profit Margins (and How to Protect Them)

Currency shifts can quietly shrink your margins if you’re doing business internationally. Learn how to manage FX exposure, protect your profits, and use smart tools to stay ahead.

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OFX vs Wise: Which Money Transfer Service Is Best For You in 2026

Looking to transfer money internationally? We compare OFX and Wise side by side, covering costs, exchange rates, speed, and features to help you choose the best service for your needs in 2026.

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Reviews

Wise Review: Is It the Best Way to Transfer Money Internationally?

The Wise Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.

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Guide to the Canadian Dollar (CAD): Travel, Transfers & FX Tips

The Canadian dollar (CAD) is a major global currency closely linked to commodities and US trade. This guide explains how it works and how to manage CAD FX costs.

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Understanding the US Dollar: A Guide to America's Currency for Travelers and Investors

The United States dollar is the official currency of the United States of America but also is the world’s dominant reserve currency, and it accounts for roughly 62% of global foreign exchange reserves, double that of the Euro and Yen. In fact, the US Dollar has been the world’s reserve currency for over 100 years.

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Reviews

OFX Money Transfer Review: Fees, Rates & Features Explained (2025)

OFX is a reputable international money transfer service that caters to both individuals and businesses, offering a range of features designed to facilitate global transactions.

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Guide to the Australian Dollar (AUD): Travel, Transfers & FX Tips

The Australian dollar (AUD) is a major global currency closely linked to commodities and China-led trade. This guide explains how it works and how to manage AUD FX costs.

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Currency Exchange & Travel Money: Compare Rates Worldwide

Compare global currency exchange rates for travel money & online purchases. Get the best rates, low fees & top multi-currency cards. Save money worldwide.

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New Zealand dollar market update

 

Outlook

The NZD remains undermined by market risk aversion, with the kiwi softer as cautious sentiment weighs on demand for the risk-sensitive currency. Markets have priced in potential policy easing from the Reserve Bank of New Zealand, including an expected 50 basis-point cut at the next meeting, which would weigh on the currency unless offset by improving risk sentiment or stronger domestic data. Trade developments, such as the November 2025 tariffs lift on NZ food exports to the US, provide some support, while renewed US-China tensions and broader global trade frictions cap upside. High dairy prices continue to bolster New Zealand’s export income, offering a partial offset to downside pressures. Overall, the NZD is likely to remain on the defensive while risk conditions stay wary, unless clearer policy signals or a marked shift in global trade dynamics emerge.

Key drivers

  • Market risk aversion continues to pressure the NZD as investors seek safer assets.
  • RBNZ signals potential rate cuts, with expectations of a 50bp reduction at the next meeting.
  • US trade moves support NZ exports (tariffs lifted on over 200 NZ food products), providing a modest tailwind for the NZD.
  • Global trade tensions (notably US-China) add volatility and limit sustained upside.
  • Elevated dairy prices bolster export income and support the NZD in a softer overall risk backdrop.

BestExchangeRates.com keeps you up-to-date on New Zealand dollar forecasts by collating the views of reliable FX forecasters and economists together with recent NZD price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.