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NZD/USD. Analysis and Forecast
At the start of the new
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At the start of the new week, the NZD/USD pair shows moderate upward momentum, firmly holding above the round level of 0.5900 and approaching resistance at 0.5940. Market optimism supports the risk-sensitive New Zealand dollar, but moderate U.S. dollar strengthening acts as a limiting factor for more active growth of the pair ahead of major central bank events scheduled for this week.The meeting between U.S. President Donald Trump and Russian leader Vladimir Putin in Alaska did not produce significant breakthroughs.
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