The New Zealand Dollar (NZD) continues to exhibit resilience against a backdrop of risk aversion in the markets, notably brushing off the disappointing Chinese Manufacturing PMI released earlier on Monday. As of the latest trading session, the NZD/USD pair is holding steady at 0.5735, just shy of the monthly high of 0.5744.
This strength in the NZD underscores a divergence from broader market sentiments that typically weigh on currencies during periods of risk-off trading. Investors remain focused on the pair's potential to maintain its upward momentum, with the exchange rate reflecting a robust bid tone in the face of external pressures.
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Data Source: FX Killer Analysis Team Updated: 2025-12-01 09:51
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.