💱New Zealand Dollar/US Dollar FX Spot Rate
NZDUSD
▼ NegativeMonetaryrelevance
Rising expectations for US Fed tightening boost USD, weakening NZD
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.
Rising expectations for US Fed tightening boost USD, weakening NZD