NZD/USD price action: kiwi faces challenges amid dovish RBNZ
The US Dollar Index retains its overall strength at 106.3, softened slightly by geopolitical tensions, impacting global markets and trade. Meanwhile, NZD/USD trades at 0.58744, under pressure as RBNZ considers more rate cuts amid low inflation and economic adjustments. Continued USD strength challenges NZ exports, while kiwi's future hinges on RBNZ decisions and US policy shifts. #Forex #USD #NZD #TradingView
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