Kiwi Surges after RBNZ, Risk Markets Rally on Coronavirus Containment Hope
A ballpoint pen and a calculator rest on top of a financial report that sits on a bar graph measuring a businesses quarterly performance. A mobile phone rests out of focus in the background.
New Zealand Dollar surges broadly today after RBNZ’s hawkish hold. Other commodity currencies follow as risk appetite returns to the markets, on hope that China’s coronavirus outbreak would peak soon. US stock indices also hit new records after Fed Chair Jerome Powell’s affirmative comments. While Dollar turns softer, there is no clear support seen in […]
The post Kiwi Surges after RBNZ, Risk Markets Rally on Coronavirus Containment Hope appeared first on Action Forex.
