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April 16, 2025

NZD/USD Climbs Above 0.5900 Amid US Dollar Weakness

NZD/USD continues its upward trajectory, trading above the 0.5900 mark as the New Zealand Dollar (NZD) attracts buyers following positive economic data from China. This marks the sixth consecutive day of gains for the pair. As investors await critical US retail sales data, fluctuations in the USD will be closely related to any shifts in market sentiment. Observing these trends will be vital for those trading in NZD/USD.

Traders should remain alert to further developments and data releases that may influence the currency pair’s direction in the days ahead.

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