The New Zealand dollar has posted strong gains on Monday. Ahead of the North American session, NZD/USD is trading at 0.5912, up 0.53% on the day. US dollar slips on Moody’s downgrade The US dollar is trading lower today against the major currencies, following a surprise downgrade to the US’ credit rating on Friday. Moody’s […]

The post New Zealand Dollar Higher as US Credit Rating Downgraded appeared first on Action Forex.