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February 27, 2025

NZDUSD Struggles Below 0.5700 as Traders Eye US GDP Release

The NZDUSD currency pair continues to struggle below the 0.5700 level as traders await the crucial US GDP release. The anticipation surrounding this economic data has kept the New Zealand dollar on the defensive. Market participants are closely monitoring how the GDP figures will impact overall market sentiment and the currency’s performance.

Traders have remained cautious, as external factors and economic indicators contribute to the fluctuation of this currency pair. The upcoming GDP release is expected to offer insights into the economic health of the United States and may influence trading decisions in the forex market.

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