-
Posted by
Two Blokes May 7 -
Filed in
Forex
-
3 views
The NZD/USD pair is pulling back from a six-month high near 0.6025 reached earlier on Wednesday, trading around 0.6000 as investors react to the Federal Reserve's (Fed) cautious policy tone and mixed economic data from New Zealand. The Fed kept its policy rate unchanged at 4.25%-4.50% in line with market expectations but acknowledged rising inflation and unemployment risks, adding a layer of uncertainty to the market.
