• November 29, 2023
  • Market News
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NZD/USD Forecast: Kiwi Soars on RBNZ Governor Orr

The NZD was bolstered by the possibility of future rate hikes should New Zealand inflation remain elevated. Kiwi dollar now looks to the US economy for guidance.

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NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Jul 19, 2023 when NZD/USD traded near 0.63.

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