NZD/USD bears hit four-month lows at  0.5800 ahead of Fed Powell’s speech

NZD/USD bears hit four-month lows at  0.5800 ahead of Fed Powell’s speech

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The New Zealand Dollar extends losses for the fifth consecutive day against a firmer US Dollar, with investors reluctant to take risks ahead of Fed Powell’s speech at Jackson Hole. The pair has reached the 0.5800 level for the first time since mid-April, on track for a 2% weekly sell-off…
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