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The New Zealand dollar has plummeted to a five-month low, with the NZD/USD pair touching the 0.5890 mark. This decline was triggered by the release of robust American retail sales data, which raised concerns that the Federal Reserve might delay interest rate cuts expected in 2024. The prevailing expectation in the stock market is that […]

The post NZD Hits Five-Month Low Against Strong US Dollar appeared first on Action Forex.

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