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Back Technical analysis
NZD/USD. Higher US Interest Rates May Put Pressure on the Pair
Markets have focused all their attention
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Markets have focused all their attention on the Federal Reserve's monetary policy decision. Expectations of an interest rate hike by the US central bank could put significant pressure on the pair by strengthening the US dollar in the Forex market.Investors are also focused on New Zealand's Q2 GDP data, which will be released on Thursday. Only moderate growth compared with the previous quarter is expected. For now, markets are expecting another RBA rate hike at its October meeting, despite some
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