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Posted by
Two Blokes May 15 -
Filed in
Forex
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3 views
The NZD/USD is trading around the 0.5900 level on Thursday, facing renewed pressure amid cautious investor sentiment and diverging macroeconomic signals. Despite softer-than-expected inflation and retail sales data in the US, comments from Federal Reserve Chair Jerome Powell offered enough reassurance to keep the Greenback on stable footing.