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NZD/USD trades on a softer note near 0.6313 on the downbeat Chinese economic data. The Chinese NBS Manufacturing PMI came in at 49.0 in December vs. 49.4 prior, worse than expected. The markets expect that the Fed will begin its easing cycle with a quarter-point drop in March. Market players await December’s Caixin Manufacturing PMI […]

The post NZD/USD Holds Above 0.6300 ahead of China’s Caixin PMI Data appeared first on Action Forex.

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