US dollar dip, Kiwi recovers

Jul 28, 2022 | Currency, Economy, Money Market

US equities have rallied, US Treasury yields have fallen and the USD is weaker, notes BNZ Markets this morning. US Federal Reserve chair Powell hasn’t been as hawkish as feared, following the widely anticipated 75bps hike from the Fed, says Jason Wong, senior markets strategist at BNZ Markets. “The NZD has recovered after taking another […]

 


 

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