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Dollar calm as Fed urges patience; kiwi surges on hawkish RBNZ outlook

The dollar was steady against a handful of peers on Wednesday as investors assessed calls for patience from Federal Reserve officials and awaited Fed meeting minutes for more insight on the central. -May 22, 2024 at 01:15 am EDT - MarketScreener

Dollar Holds Steady Amid Global Rate Discussions and Economic Insights

The dollar remained stable against major currencies as investors awaited further insights from the Federal Reserve's meeting minutes. The New Zealand dollar saw a notable rise following an optimistic forecast by the Reserve Bank of New Zealand. Investors are keenly watching economic data and Fed comments for future rate cut indications.

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