New Zealand Dollar strengthens as traders await RBNZ rate decision

The New Zealand Dollar (NZD) trades on a stronger note on Tuesday amid the modest decline of the Greenback.

The New Zealand Dollar holds positive ground in Tuesday’s early Asian session. Reduced bets for a RBNZ rate cut and signs of stronger demand from China supported the Kiwi. Rising Middle East geopolitical risks might limit the pair’s downside. The US Producer Price Index will be in the spotlight on Tuesday before the RBNZ rate decision. The New Zealand Dollar trades on a stronger note on Tuesday amid the modest decline of the Greenback.

US Dollar price today The table below shows the percentage change of US Dollar against listed major currencies today. US Dollar was the weakest against the Australian Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD -0.02% -0.01% -0.01% -0.02% -0.01% -0.01% 0.00% EUR 0.01% -0.01% 0.00% 0.01% 0.00% 0.00% 0.01% GBP 0.01% 0.00% 0.02% -0.03% 0.00% -0.01% 0.02% CAD 0.00% 0.00% -0.01% -0.01% 0.00% -0.04% 0.01% AUD 0.02% -0.02% -0.01% 0.01% 0.01% -0.02% 0.01% JPY -0.07% -0.02% -0.02% -0.02% 0.00% -0.02% 0.

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