Day: February 27, 2024

NZD/USD declines to 0.6150 on Tuesday

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NZD/USD declines to 0.6150 on Tuesday as the US Dollar finds temporary support. The Kiwi asset faces selling pressure amid expectations that the Reserve Bank of New Zealand (RBNZ) will hold its Official Cash Rate (OCR) steady at 5.50%. RBNZ Governor Adrian Orr recently highlighted economic risks associated with overly aggressive monetary tightening while acknowledging […]

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