Share: NZD/USD bounces off the two-month lows and holds ground near 0.6060 on Wednesday. The downbeat Chinese trade data exerts some pressure on the Kiwi. The US trade deficit narrowed sharply in June; Imports fell to the lowest level since November 2021. Investors await Chinese inflation data, New Zealand inflation expectations report. The
NZD/USD, AUD/NZD, EUR/NZD – Outlook: NZD continues to broadly hover within its recent range against some of its peers. NZD has been weighed by a deteriorating NZ economic growth outlook and the view that RBNZ is done with raising rates. What is the outlook for NZD/USD, EUR/NZD, and AUD/NZD? Recommended by Manish Jaradi The Fundamentals
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