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November 19, 2024

NZD/USD: 0.5775 is probably out of reach – UOB Group

The New Zealand Dollar (NZD) is likely to trade in a 0.5860/0.5910 range. In the longer run, slowdown in downward momentum indicates that 0.5775 is probably out of reach, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

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