Thursday, 6 April 2023

Dollar hovers near two-month low after jobs jolt; RBNZ boosts kiwi

Dollar hovers near two-month low after jobs jolt; RBNZ boosts kiwi

The dollar held near two-month lows on Wednesday after weak data supported the view that the Federal Reserve may not need to raise rates much further, while the New Zealand dollar hit two-month highs after a larger-than-expected rate hike.
Read more: https://www.reuters.com/markets/currencies/dollar-struggles-near-2-month-low-weak-data-focus-rbnz-2023-04-05/?source=Snapzu

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