New Zealand Dollar Faces Pressure Despite 3% Inflation Rate
New Zealand's annual inflation hit 3%, the top of the RBNZ's target range, yet markets still expect an interest rate cut in November, keeping the NZD weak.
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NZDUSD Breaks Key Support, Eyes Further Declines to 0.5660
The NZDUSD currency pair has breached a critical support zone around 0.5750, signaling a potential acceleration of its downtrend toward the 0.5660 level.
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