New Zealand Dollar Rallies Against US Dollar

NZD/USD gains after US inflation report The New Zealand Dollar extended its rally, registering solid gains versus the US Dollar after the latest US inflation report. The report tempered speculation of a Fed rate hike and trimmed investors' bets by half. At

NZD/USD gains after US inflation report

The New Zealand Dollar extended its rally, registering solid gains versus the US Dollar after the latest US inflation report.

The report tempered speculation of a Fed rate hike and trimmed investors’ bets by half.

At the time of writing, the NZD/USD is trading at 0.5809, up by more than its previous levels.

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