Previous close | 0.6213 |
Open | 0.6212 |
Bid | 0.6210 |
Day's range | 0.6204 - 0.6228 |
52-week range | 0.6149 - 0.7219 |
Ask | 0.6206 |
The Kiwi remains at risk due to worries over a global economic recession that are pressuring commodity-linked currencies.
The price action in the Aussie and Kiwi indicate there are worries over whether the Federal Reserve can deliver a soft landing.
The catalyst driving the Kiwi lower is a dire business survey that underlined the risk that rising interest rates would lead to recession.