Day: February 23, 2024

NZD/USD resumes upside journey as US Dollar falls on backfoot

nzd usd image

The NZD/USD pair delivers a solid recovery from the round-level resistance of 0.6200 in the late European session on Friday. The Kiwi asset strengthens as the US Dollar has come under pressure despite the Federal Reserve (Fed) preferring to delay rate cuts. Fed policymakers are worried that premature rate cuts could flare up inflation again. […]

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