NZD/USD Approaches 0.6000 Amid Generalised US Dollar Weakness

NZD/USD approaches 0.6000 amid generalised US Dollar weakness   | The New York Ledger

The New Zealand Dollar extends gains on United States Dollar’s weak point, nearing 0.6000. Soft United States CPI information has actually enhanced expectations of Fed cuts in September. The prolonged trade truce in between United States and China offers extra assistance to the NZD. The New Zealand Dollar values even more on Wednesday after breaching resistance at 0.5970 (July 29, August 8 highs), and the set advances towards the 0.6000 mental l…

NZD/USD approaches 0.6000 amid generalised US Dollar weakness

The New Zealand Dollar appreciates further on Wednesday after breaching resistance at 0.5970 (July 29, August 8 highs), and the pair advances towards the 0.6000 psychological level, boosted by risk appetite and a weaker US Dollar.Investors are celebrating the moderate US inflation figures released o