NZD/USD prints fresh 2022 highs

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NZD/USD prints fresh 2022 highs
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NZD/USD prints fresh 2022 highs By ross_burland NZDUSD Commodities Currencies DollarIndex

Eyers are on the Fed and RBNZ with a focus on inflation risks.is ending on Wall Street on firm footing and making fresh highs for the year, travelling from 0.6863 to a high of 0.6964, up 1.16% at the time of writing. The moves are despite recent comments from US Federal Reserve Chair Powell yesterday dialled up the hawkishness of the Fed further, forcing bond yields to react.

''Amid a quiet week locally, the Kiwi was always going to dance to a global beat, and positioning could cap it down the track . But for now it is basking in glory as the 3 best performers in the G10 this year. That does square away nicely with moves inMeanwhile, earlier in the US session, St. Louis Fed President James Bullard repeated his call for the Fed to move aggressively on Bloomberg TV.

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