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05 Aug 2026 · 12:29 GMT+3
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New Zealand Dollar comes under pressure after sharp deterioration in labor market

NZD/USD declines to around 0.5860 on Wednesday at the time of writing, down 0.54% on the day, following the release of weaker-than-expected New Zealand employment data. The New Zealand Dollar (USD) comes under selling pressure as investors reassess the outlook for monetary policy.

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