NZD/USD bears lean in as US Dollar remains firm with eyes on Fed's Powell – by fx_ross NZDUSD Currencies Technical Analysis DollarIndex RBA
The RBA minutes and Fed chair testimony will be in focus.
Markets are looking to a slew of domestic economic data this week, including New Zealand's trade balance for May and Reserve Bank of Australia minutes. decisions by central banks. In this regard, Federal Reserve Chair Powell will present the Semiannual Policy Report to Congress. He is expected to reiterate that the Committee is likely leaning toward higher policy rates this year.
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