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NZDUSD

In this section, you will find important NZDUSD news, actionable trading ideas, and a live NZDUSD chart to help you understand the markets better.

NZDUSD also is known as Kiwi between forex traders, is the ticker symbol in Forex markets that represents how many US dollars you can buy with one New Zealand Dollar. The price of the pair is affected by changes in both economies and could be affected by changes in monetary policy from the Reserve Bank of New Zealand and FED. New Zealand is a dairy exports economy and the outlook and performance of that sector plays an important role in the value of NZD
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NZDUSD

NZDUSD vicious rally runs out of steam; what’s next?

Forex
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The NZDUSD pair declined by about 70 basis points even as New Zealand released upbeat retail sales numbers. The pair is trading at 0.6494, which is significantly below this week’s high of 0.6580. The decline was partly due to the overall strong US dollar following the FOMC rates decision yesterday. The US dollar index is up by 30 basis points.
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