fxstreet.com 17 Feb, 2021 08:00 am

Retracement spurred by rising US bond yields to be temporary – ANZ

Retracement spurred by rising US bond yields to be temporary – ANZ
The kiwi hit a six-week high on Tuesday, then found itself at the mercy of a late USD DXY rebound, spurred on by rising US bond yields. Nonetheless, t

The kiwi hit a six-week high on Tuesday, then found itself at the mercy of a late USD DXY rebound, spurred on by rising US bond yields.Milk prices rose and NZ bond yields are rising too, economists at ANZ Bank report.” “Higher milk prices are a reminder of how well commodity prices are holding up.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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