NZD/USD eyes the biggest weekly loss in three months as bears approach 0.6200, US data in focus

NZD/USD eyes the biggest weekly loss in three months as bears approach 0.6200, US data in focus – by anilpanchal7 NZDUSD RiskAppetite Inflation Fed Currencies

ince late September. That said, the Kiwi pair’s latest losses could be linked to the sour sentiment in the market, as well as the hawkish Fed bets, ahead of the key US statistics surrounding inflation and output.

That said, a rally in Shanghai’s hospitalization and challenges to China’s medical system due to the latest easing of the Zero-Covid policy seems to probe the previous optimism, mainly backed by expectations of stimulus from China and reopening of the world’s second-largest economy.

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