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The Reserve Bank of New Zealand (RBNZ) has kept its Official Cash Rate (OCR) steady at 5.50%.
The NZD/USD pair hit a new three-week high above 0.6150 during Monday morning, marking the fifth consecutive session of gains for the Kiwi.
The NZD/USD pair has been on a downward trajectory in the medium-term since breaching below the $0.6070 mark in mid-March. This level is now being retested as resistance,...
NZD Negative Business Outlook: The pair has experienced some pressure due to a significant decline in business confidence in New Zealand...
Following resistance at $0.62 in early March, NZD/USD has declined by 3.5%, indicating a renewed downtrend as the New Zealand economy faces a technical recession from con...