NZD/USD has dropped to its lowest level since October 2022, trading around 0.5620. The currency pair is under pressure from two major factors: the strengthening US dollar and New Zealand’s weak domestic economic data. The primary driver of the decline in NZD/USD is the robust performance of the US dollar. Following the Federal Reserve’s December […]
The post NZD/USD at a New Low: Problem is US Dollar and Local GDP appeared first on Action Forex.
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