The $NZDUSD is near the 0.65040 ratios as of this writing as the currency pair seemingly shows the ability to sustain higher values.
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Upon the news of political change financial houses caught their collective breath and the NZD/USD began to reverse higher. The public will have a while to consider the new leadership which is now at the helm in New Zealand. Public dismay over Ardern’s leadership which caused much of her downfall and the current government’s troubles may face a voting backlash still in October. The upwards momentum in the NZD/USD to highs and its ability to sustain values early today are signals change was wanted by the business community.
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