Aussie and Kiwi are almost intact vs. greenback after Fed minutes

Aussie and Kiwi are almost intact vs. greenback after Fed minutes

On Thursday, the Australian and New Zealand dollars were nearly intact versus their American rival, right after the minutes of the Fed’s latest policy gathering spurred expectations for a June rate lift.

The currency pair AUD/USD stood still at 0.7499.

The major US bank also indicated that interest rates could be lifted soon, though added that it would be waiting for more American economic data.

The currency pair NZD/USD was nearly intact, keeping to 0.7053, just off last session’s two-month high of 0.7060.

Meanwhile, financial markets were still reviving from Moody’s unexpected decision to have China’s credit rating downgraded for the first time in nearly three decades.

Aside from that Moody’s warned that China’s financial strength will probably weaken in the coming years.

China appears to be Australia’s biggest export partner as well as New Zealand’s second biggest export partner.

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera