US dollar weak before jobless claims,Aussie and Kiwi dollar rally
MarketsFN Team
•2 min read
During the European session the Australian and the New Zealand dollar are the best performers in the G7 FX group. AUD/USD trading at 0.6628, +0.47% while NZD/USD pricing at 0.6069 , advancing by 0.54%.
Both pairs recently left their 2023 lows against the greenback and is possible to see a consolidation of positive market sentiment if the FED will pause its interest rate hiking next week.
U.S. Dollar Index (DXY) is down 0.22% at 103.87 this morning. The Kiwi dollar is down 8.51% from its 2023 high while AUDUSD is down by 10.08% vs. the US dollar since its January top this year.
