Kiwi dollar powers upwards

The NZ dollar continued to power higher, ending the week above the 0.64 mark for the first time in over three months while the NZD/AUD cross hit 0.94 for the first time since January, notes BNZ Markets. “ NZ rates were sharply lower on Friday, with the market starting...

Greenback drops, Kiwi rises

2.12.22 The USD remains under pressure, falling further after Fed Chair Jerome Powell’s speech yesterday and some softer overnight data helping sustain the move, notes BNZ Markets. “The NZD traded as high as 0.64 overnight, continuing its outperforming run while...