Britain's currency was one of the worst-performing major currencies during the last five trading days, with the GBP index falling 0.52%. The biggest gainers, however, were Japanese Yen, Aussie and kiwi. Therefore, it was not a surprise that the Pound posted huge loses versus these three currencies. After a rate hike from the RBNZ on March 12, New Zealand currency received a strong bullish bias that pushed it higher over the described period. New Zealand is now the first developed economy that increasing its key refinancing rate, and according to the latest fundamental data, more rate hikes will be made later this year, hence, NZD crosses will continue their movement to the north.