The NZD/USD pair is looking to extend its recovery toward the immediate resistance of 0.6230 in the early Asian session. The Kiwi asset rebounded firmly after finding a stellar buying interest near the round-level support of 0.6200. The recovery move in the Kiwi asset was backed by a correction in the US Dollar Index (DXY) as investors started ignoring the risk associated with more rate hikes from the Federal Reserve (Fed) and shifted funds to risk-sensitive assets.
S&P500 futures have added some gains in the Asian session after a mild positive Monday. Gap down opening in US equities on Monday was fully offset by recovery. Also, investors ignored volatility ahead of the quarterly earnings season. Meanwhile, US yields scaled higher as investors are convinced about one more rate hike from the Federal Reserve (Fed) next month. The return offered o 10-year US Treasury yields rebounded firmly above 3.41%.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن