Kiwi dips, USD rises, on rate hike risk

Jun 16, 2021 | Currency

Bond yields have moved sharply higher overnight, with equities falling, after the FOMC ‘dot plot’ indicated two rate hikes in 2023, compared to none at its meeting in March, says Nick Smyth at BNZ Markets. The initial market reaction has also seen the USD strengthen with risk-sensitive currencies, including the NZD and AUD, underperforming. The […]

 


 

You need an active membership to keep reading

either log in via the form below or click here to subscribe

If you have recently subscribed and selected to pay by bank transfer our admin team will activate your membership once payment has cleared

Your Advertisement Here

Contact us now to discuss advertising options

Your Advertisement Here

Contact us now to discuss advertising options