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New Zealand rate decision: RBNZ between a rock and a hard place

The Reserve Bank of New Zealand (RBNZ) is widely expected to maintain the Official Cash Rate (OCR) at 5.50% for the sixth consecutive meeting in a row following the conclusion of its monetary policy meeting on Wednesday.

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NZD/USD stretches higher to near 0.5980 on dovish comments from Fed's Powell, US ISM PMI eyed

NZD/USD extends its gains for the second consecutive session on Monday, edging higher to near 0.5980 during the Asian trading hours.

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