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November 8, 2024

NZD/USD depreciates to near 0.6000 due to Trump’s tariff threat on Chinese goods

NZD/USD depreciates as the New Zealand Dollar (NZD) receives downward pressure from the concerns about Donald Trump’s proposals to raise tariffs on Chinese goods, given that New Zealand is a close trading partner to China. The NZD/USD pair trades around 0.6010 during the Asian session on Friday.

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