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NZD/USD Rebounds Toward 0.589 as Fed Pause Bets Weaken Dollar

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The Story

News Summary

  • The New Zealand dollar rose toward $0.589 as dovish remarks from Fed Governor Waller weighed on the US dollar.
  • However, upside remains constrained ahead of US jobs data and following the RBNZ's signal of a slower monetary tightening pace.
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NZDUSD price history

0.58 +0.00% over the displayed period

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