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NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside

Summary by FXStreet
The NZD/USD pair attracts some buyers to around 0.5935 during the early Asian session on Wednesday, bolstered by a weaker US Dollar (USD). The Federal Reserve’s (Fed) Thomas I. Barkin is scheduled to speak later on Wednesday.
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FXStreet broke the news in on Wednesday, May 21, 2025.
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