NZD/USD Rallies to 0.6120 as Fed Rate Cut Expectations Boost Kiwi
The NZD/USD pair climbed to 0.6120 during Friday’s New York session, driven by a weakening US Dollar (USD) amid growing certainty of Federal Reserve (Fed) rate cuts starting in September. The US Dollar Index (DXY) slumped towards crucial support at 104.00, while risk sentiment remained buoyant, reflected in the S&P 500’s strong gains and falling […]