NZD/USD Price Forecast: Gains ground near 0.5600

January 3, 2025

NZD/USD holds key support of 0.5600 as the NZD rebounds after PBoC’s dovish guidance on interest rates. The US Dollar declines as the Fed is expected to follow a more gradual policy-easing approach this year. Investors await the US ISM Manufacturing PMI data for December.

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NZD/USD Price Forecast: Gains ground near 0.5600

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