Tag - nzd - new zealand dollar

Rise of NZD, dovish Fed, and stocks indices' sell-off
Rise of NZD, dovish Fed, and stocks indices' sell-off

Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.

RBNZ to push the NZD?
RBNZ to push the NZD?

On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference.

EUR/GBP: bears eye 16-month-old support
EUR/GBP: bears eye 16-month-old support

The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.

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