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Forex

NZD Steady Ahead of Fed Decision

Guavy AI Editorial Team
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USD NZD
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The New Zealand Dollar (NZD) has shown little movement against the US Dollar (USD), hovering around $0.5755 on Wednesday, a relatively unchanged day after rebounding from its two-month low at $0.5737.

This stability is largely due to investors holding back from making large moves ahead of the Federal Reserve's monetary policy decision later on Wednesday.

The USD has paused recently after reaching a two-week high, allowing for some profit-taking that keeps NZD/USD above its session low.

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