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April 8, 2025

NZD/USD Sustains Gains Near 0.5600 Despite Caution Over Tariff Issues

The NZD/USD pair is currently experiencing positive momentum, achieving gains on Tuesday as it climbs back above the significant 0.5600 mark. This uptrend is bolstered by fresh selling pressure on the US Dollar, USD. However, bullish traders are advised to exercise caution due to the underlying fundamental concerns regarding potential tariff disputes. As market participants navigate these challenges, closely watching future developments will remain crucial to understanding the trajectory of NZD/USD.

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