Market Analysis: NZD/USD Climbs as US Inflation Softens

Thursday, 11 July 2024, 19:54

The NZD/USD pair is gaining ground due to a decrease in US inflation rates. Market analysis by Kenny Fisher highlights the impact of soft US inflation on the currency pair's movement. This post delves into the reasons behind the NZD/USD climb and offers insights into the potential implications for forex traders.
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Market Analysis: NZD/USD Climbs as US Inflation Softens

Market Analysis:

The NZD/USD pair is experiencing an upward trend following a decline in US inflation rates. This movement can be attributed to several factors, as highlighted in the latest analysis by Kenny Fisher.

Key Points:

  • NZD/USD on the rise
  • Impact of soft US inflation
  • Insights for forex traders

Overall, the recent shift in US inflation has influenced the movement of the NZD/USD pair, providing opportunities and considerations for traders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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