NZD/USD Stays Below Key Level as CPI Release Approaches
The NZD/USD remains under pressure, holding below the critical 0.5800 level as traders prepare for the upcoming US Consumer Price Index (CPI) release. This key economic indicator will provide insights into inflation trends and could influence currency valuations.
Market participants are maintaining caution ahead of this important release, signaling potential volatility for the NZD/USD pair.
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