NZD/USD remains pressured around 0.6700 on mixed NZ data, RBNZ’s Orr and Russia-Ukraine crisis By anilpanchal7 NZDUSD RBNZ RussianFederation Ukraine RiskAppetite
invasion of Ukraine. In doing so, the kiwi pair reverses the corrective pullback from weekly low during the early hours of Friday’s Asian session.
Although mixed NZ data could be spotted as the latest burden on the NZD/USD prices, the market’s risk-off mood was the major blow to the Kiwi pair. The quote flashed the biggest daily loss in five months on Thursday as Russia finally invaded Ukraine from land, sea and air, without caring for international sanctions.
As per the latest updates, Moscow’s military acquired Chernobyl and Ukraine President Zelenskyy signed a decree for general mobilization. Further, the Western leaders have announced more sanctions for Russia and showed readiness to support Kyiv with military power if conditions worsen. However, comments from Russia, like “Moscow is willing to negotiate the terms of Ukraine's surrender,” seemed to have triggered the latest bounce.
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