NZD/USD looks comfortable above 0.6200 amid softer US Dollar – by Dippusen NZDUSD RBNZ Fed CPI
d falling US Treasury bond yields. The high beta currency was also kicked up by firmer equity complexes from the last three days.
The shorter end of the yield curve has come under considerable pressure after the SVB fallout and prompted investors to price out for a 50 basis point rate hike expectation for the March FOMC meeting.
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