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NZD/USD sticks to the range bound theme

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Further consolidation still remains in store for NZD/USD for the time being, note UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Le

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Next 1-3 weeks: There is not much to add to our update from yesterday . As highlighted, the recent upward pressure has faded, and NZD is likely to trade between 0.5890 and 0.6015 for now. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

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NZD/USD continues the losing streak, falls below 0.5900NZD/USD extends its losing streak for the third consecutive day, trading lower around 0.5890 during the Asian session on Tuesday. The pair is experien
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