NZD/USD eyes on 0.7000 as intensifying Russia-Ukraine fears underpin commodity prices By Sagar_Dua24 NZDUSD DollarIndex InterestRate Inflation Ukraine
The DXY has faced long liquidations above 99.00.
NZD/USD has continued its three-day winning streak on upbeat commodity prices. The kiwi has been underpinned against the greenback despite rising expectations of a 50 basis point interest rate hike in March’smeeting. Stronger-than-expected US Nonfarm Payrolls data on Friday and expectations of soaring inflation data later this week have backed an aggressive monetary policy stance next week.
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