NZD/USD is experiencing a downturn, trading around 0.5760 in early European hours on Thursday, marking its second consecutive session of losses. Despite data showing stronger-than-expected economic growth in New Zealand, the New Zealand Dollar remains under pressure against the US Dollar. This decline highlights the currency pair's sensitivity to broader market dynamics.
As traders await the upcoming US Consumer Price Index (CPI) data, speculation surrounding inflation and economic health continues to influence the exchange rate. The NZD's struggle to maintain momentum suggests that market participants are leaning towards a cautious stance, potentially leading to further volatility in the NZD/USD pair as fresh economic insights emerge from the US.
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Data Source: FX Killer Analysis Team Updated: 2025-12-18 07:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.