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NZD/USD analysis: here’s why kiwi could crash below 0.500
NZD/USD analysis: here’s why kiwi could crash below 0.500
  • The NZD/USD exchange rate crashed after the latest RBNZ interest rate decision.
  • The bank decided to cut interest rates by 0.25% and hinted that more were coming.
  • The pair will likely continue falling in the next few months.
The NZD/USD exchange rate continued its strong downtrend and moved below a crucial support level as the market reacted to the ongoing trade war between the United States and China and after the latest Reserve Bank of New Zealand (RBNZ) decision. It plunged to a low of 0.5488, its lowest point since March 2020. RBNZ […]
April 9, 2025

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