12 Feb: US$soft, stocks firm on subsiding coronavirus fears. Powell testimony; US economy in a good place. RBNZ ahead.
Aerial view of Wellington city. North Island, New Zealand.

12 Feb: US$soft, stocks firm on subsiding coronavirus fears. Powell testimony; US economy in a good place. RBNZ ahead.

The US$ is mixed but generally slightly weaker, although stocks are firm at the end of Tuesday trade after Fed Chair Jerome Powell told Congress on Tuesday that the US economy is in a good place, while adding caution to his testimony as to  the potential threat from the coronavirus…

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