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January 15, 2025

NZD/USD Surges Above 0.5600 Ahead of Key Economic Data

The NZD/USD pair continues its upward trajectory, trading near 0.5620 during European trading hours. This marks the third consecutive day of gains, largely supported by positive market sentiment. Recent reports suggest that the economic team of US President-elect Donald Trump is favoring a gradual approach to import tariffs, significantly boosting investor confidence. This geopolitical development enhances prospects for the New Zealand Dollar, which is closely tied to global trade dynamics. Traders are encouraged to stay informed as the situation evolves.

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