Kiwi is trading flat this morning after drifting off yesterday high above 0.67, with gold and other assets also taking a breather. Nonetheless, despite daily volatility, the NZD/USD pair is set to continue rising due to US issues such as the spread of coronavirus in the American country or the dovish Fed stance expectations, economists at ANZ Bank reports. Key quotes “Daily volatility aside, the USD remains unloved and with a very dovish tone likely to emerge from the FOMC meeting, it’s difficult to see that changing.” “The Fed’s monetary policy framework review isn’t due till later, but most expect the Fed to target higher inflation, which means easier policy for longer, and further USD debasement.” “A lack of success in containing the virus and fiscal disagreement isn’t helping the USD; meanwhile New Zealand is open for business, albeit with deep scars. The easier road is the high road, even if it’s mostly a USD story.” “Support 0.6450 Resistance 0.6755” 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 Cryptocurrency Market News: Ripple rockets as Bitcoin and Ethereum struggle to contain gains FX Street 3 years Kiwi is trading flat this morning after drifting off yesterday high above 0.67, with gold and other assets also taking a breather. Nonetheless, despite daily volatility, the NZD/USD pair is set to continue rising due to US issues such as the spread of coronavirus in the American country or the dovish Fed stance expectations, economists at ANZ Bank reports. Key quotes “Daily volatility aside, the USD remains unloved and with a very dovish tone likely to emerge from the FOMC meeting, it’s difficult to see that changing.” “The Fed’s monetary policy framework review isn’t due till later, but most expect… 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.
