FOREX-Dollar firm as caution creeps back; kiwi jumps as lockdown to ease [Reuters]
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Source: Reuters
FOREX-Dollar firm as caution creeps back; kiwi jumps as lockdown to ease * Risk rally runs out of steam, commodity currencies fall most * Kiwi jumps as lockdown rules to ease * Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E By Tom Westbrook SINGAPORE, April 20 (Reuters) - The dollar found support on Monday as global growth fears hit oil prices and commodity currencies, while the New Zealand dollar rose on news that the government will begin to relax strict virus containment measures from next week. The oil-sensitive Canadian dollar, Russian rouble and Norwegian krone each dropped about 0.5% as weak demand and a supply glut crushed U.S. crude prices to a 21-year low. The dour mood weighed on riskier Asian currencies and pushed the Australian dollar a touch lower. But the kiwi jumped 0.5% after New Zealand Prime Minister Jacinda Ardern said a gradual roll back of lockdown rules would begin on April 27. The nation, which has recorded just 12 deaths from COVID-19, the respiratory dise
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