On Wednesday, The U.S. dollar rose on doubts over a potential vaccine for the Covid-19 virus. On a medical news website, the STAT released a report on Tuesday encouraging results from a Moderna (NASDAQ:MRNA) COVID-19 trial.
The U.S. Dollar Index, stood at $99.457, up 0.1% which tracks the greenback against a basket of six other currencies.
The USD/NZD - US Dollar New Zealand Dollar is trading at 1.6375, going down by -0.0078, or by -0.48%.
On Monday, Moderna's (NASDAQ:MRNA), announced that the potential vaccine was generating an immune response to all 45 patients in its phase one trial.
Meanwhile the NZD/USD - New Zealand Dollar US Dollar going up by +0.0031, or by +0.51% and trading at 0.6105.