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2025-07-02 22:24
IndustryNew Zealand Dollar Rises on Positive Migration
#CommunityAMA
New Zealand Dollar Rises on Positive Migration and Inflation Outlook
NZD/USD rose to 0.6127 after data showed a rebound in net migration and moderate price pressures. The Reserve Bank of New Zealand highlighted stabilizing inflation expectations and a resilient labour market. These fundamentals, coupled with global dollar weakness, helped lift the kiwi. Nevertheless, traders remain cautious as geopolitical risks and trade tensions could weigh on broader risk sentiment. The RBNZ’s next decision in August will be closely scrutinized for potential forward guidance shifts.
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New Zealand Dollar Rises on Positive Migration
#CommunityAMA
New Zealand Dollar Rises on Positive Migration and Inflation Outlook
NZD/USD rose to 0.6127 after data showed a rebound in net migration and moderate price pressures. The Reserve Bank of New Zealand highlighted stabilizing inflation expectations and a resilient labour market. These fundamentals, coupled with global dollar weakness, helped lift the kiwi. Nevertheless, traders remain cautious as geopolitical risks and trade tensions could weigh on broader risk sentiment. The RBNZ’s next decision in August will be closely scrutinized for potential forward guidance shifts.
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