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New Zealand Dollar holds steady as oil pressures inflation, RBNZ rate hike bets

FXStreetNew Zealand

New Zealand Dollar holds steady as oil pressures inflation, RBNZ rate hike bets

NZD/USD remains in positive territory after experiencing volatility, trading around 0.5690 during European hours on Wednesday. The New Zealand Dollar (NZD) receives support from market caution ahead of New Zealand’s Q3 Consumer Price Index (CPI) inflation data, due later on Thursday.

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