NZD/USD hits fresh year-to-date lows below 0.5650 as US Dollar soars

FXStreet··Read original
3▲0 ▼1Impact / 5
Summary · why it matters

The New Zealand Dollar fell to fresh year-to-date lows below 0.5650 against the US Dollar on Wednesday. Rising expectations for monetary tightening by the US Federal Reserve and a dismal market mood boosted the safe-haven US Dollar, pushing the NZD/USD pair lower.

Impact on assets 1

Others▼ · 1 stocks