Aussie and kiwi inch up vs. greenback amid American political jitters

Aussie and kiwi inch up vs. greenback amid American political jitters

On Wednesday, the Australian and New Zealand dollars soared versus its American rival amid fresh political jitters in America, though hopes for a June rate lift by the Fed still gave support to the evergreen buck.

The currency pair AUD/USD grew 0.22%, showing 0.7358, off the previous session’s four-month minimum of 0.7326.

Donald Trump unexpectedly had FBI Director James Comey sacked.

During the 2016 US presidential campaign Comey had been pursuing his agency's investigation into alleged Russian meddling in election and probable collusion with Trump's campaign.

The currency pair NZD/USD soared 0.16%, being worth 0.6906

However, market sentiment on the US dollar was still upbeat after on Tuesday Kansas City Fed President Esther George told that the major US financial institution should keep gradually lifting short-term interest rates notwithstanding the recent slowdown in GDP as well as car sales.


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