NZD/USD Extends Gains Near 0.5980 Amid Fed's Powell Comments

Monday, 1 April 2024, 04:45

NZD/USD continues its upward momentum, reaching near 0.5980 driven by dovish remarks from Fed Chair Powell. Market focus turns to upcoming US ISM PMI data for further direction.
https://store.livarava.com/be65b95f-eff2-11ee-8919-87cc5c87fb08.jpg
NZD/USD Extends Gains Near 0.5980 Amid Fed's Powell Comments

NZD/USD Extends Gains

NZD/USD stretches higher for the second straight session, approaching the 0.5980 level.

Fed's Powell Comments

Powell's dovish comments supported the NZD/USD pair, boosting investor sentiment.

US ISM PMI Data

Markets are now eagerly awaiting the release of the US ISM PMI data for potential impact on the currency pair.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe