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The USD is the strongest and the NZD is the weakest as the NA session begins

The USD is the strongest and the NZD is the weakest as the NA session begins. The dollar is reacting to the more hawkish comments from the Fed officials. No big surprise given the jobs report from the beginning of the month, and inflation reports from this week. Nevertheless, Fed's Mester joined Bullard with chatter about going back to 50 bp hikes potentially. Fed's Barkin and Bowman are scheduled to speak today.

The NZDUSD and the AUDUSD have been trending steadily to the downside,... Read More

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Posted: Feb 17 2023, 13:19

Author Name: forexlive

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