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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
2 mins to read

Kiwi dollar loses sparkle amid risk appetite and Fed decision

Kiwi performance in the spotlight as markets assess banking sector and further interest rate moves in the United States.

Federal Reserve today's drawcard.

New Zealand’s currency could face further downward pressure, especially if a global recession eventuates, with declines being noted this week as investors watch the Fed and banking sector closely.

JPMorgan Chase & Co strategists said the Kiwi dollar had been a poor performer when compared with

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Jonathan Mitchell Thu, 23 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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Kiwi dollar loses sparkle amid risk appetite and Fed decision
Economics,
98318
true