NZD/USD bulls licking their wounds into the final day of the week. NFP on the cards as a fatal blow or a lifeline following Fed’s Powell. NZD/USD is trading at 0.7192 and down on the day by some 0.7% following the market rout on the back of Federal Reserve’s chair, Jerome Powell, who stuck to the script encouraging a spike in US yields. The commodity complex was stead ahead of Fed Chairman Powell’s speech and the February nonfarm payroll report on Friday whether expectations have been tempered by recent data. Powell explained that for the foreseeable future, the Fed is going to deliberately sit behind the curve and in reference to recent fixed income moves, he did note that the Fed would be concerned if financial conditions tightened notably. However, there are no indications that the Fed was alarmed by the market volatility but he hinted that the Fed could take action if needed. Meanwhile, in recent trade, New Zealand has issued a tsunami warning for some north island coastal areas. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PancakeSwap Price Forecast: CAKE gains traction with more than $4 billion locked inside FX Street 1 year NZD/USD bulls licking their wounds into the final day of the week. NFP on the cards as a fatal blow or a lifeline following Fed's Powell. NZD/USD is trading at 0.7192 and down on the day by some 0.7% following the market rout on the back of Federal Reserve's chair, Jerome Powell, who stuck to the script encouraging a spike in US yields. The commodity complex was stead ahead of Fed Chairman Powell's speech and the February nonfarm payroll report on Friday whether expectations have been tempered by recent data. Powell explained that for the foreseeable future, the Fed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.