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December 16, 2024

NZD USD Breaks Losing Streak Fueled by China Data

NZD USD has successfully broken a four-day losing streak, trading around 0.5780 during the European hours on Monday. The New Zealand dollar remains strong following mixed data from its largest trading partner, China. This resilience in NZD USD indicates potential support for the currency as traders digest the latest economic signals. Observing key developments in the Chinese market will be essential for traders planning their next moves with NZD USD. Persistent attention to market dynamics will be crucial for informed decision-making.

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