
- NZD/USD jumps strongly to near 0.5700 as US President Trump signaled that he could reach a deal with China.
- Trump’s assumption of making a deal with China without imposing tariffs has diminished the risk-premium of the US Dollar.
- The Fed is unlikely to be impacted by Trump’s call for immediate rate cuts.
The NZD/USD pair soars slightly above the key level of 0.5700 in Friday’s European session. The Kiwi pair strengthens amid an improvement in appeal of antipodeans after comments from United States (US) President Donald Trump in an interview with Fox News on Thursday signaled that the
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