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23 Sept 2026 · 19:04 GMT+3

New Zealand Dollar tumbles as strong US PMI data lifts USD

NZD/USD tumbles on Wednesday, losing 1% to trade around 0.5670 at the time of writing. The pair faces strong selling pressure as the US Dollar (USD) benefits from stronger-than-expected United States (US) activity data, reinforcing expectations of further interest-rate hikes.

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