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13.05.2020 USD/NZD Daily Analysis

On Wednesday, The U.S. Dollar sparked higher as investors are anticipating a speech U.S. Federal Reserve Chair Jerome Powell. The speech will be

13.05.2020 USD/NZD Daily Analysis
Yazar: editor_1

Yayınlanma: 13 Mayıs 2020 15:49

Güncellenme: 16 Kasım 2024 05:18

13.05.2020 USD/NZD Daily Analysis

On Wednesday, The U.S. Dollar sparked higher as investors are anticipating a speech U.S. Federal Reserve Chair Jerome Powell. The speech will be at a streaming event held by the Peterson Institute of International Economics as Powell will speak as a guest, a day after  U.S. President Donald Trump addressed the U.S. Federal Reserve should adopt negative interest rates. The USD/NZD is trading at 1.6612, increasing by +0.0173, or +1.05%. The dollar also went high against the kiwi (NZD/USD) after the Reserve Bank of New Zealand announced a big expansion of its quantitative easing program.
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