The NZD/USD pair slipped to 0.6130 in Wednesday’s American session, pressured by anticipation of New Zealand’s (NZ) Q1 Gross Domestic Product (GDP) data, scheduled for release on Thursday. Forecasts suggest a stagnant economy, which could amplify expectations of earlier interest rate cuts by the Reserve Bank of New Zealand (RBNZ). Market Drivers: NZ GDP and […]
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