Monday , 20 January 2025
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NZD/USD heads into Friday markets on the low side of near-term consolidation

NZD/USD descended to the bottom of recent consolidation as broad-market risk appetite turned sour on Thursday after rising US Purchasing Manager Index (PMI) figures re-ignited concerns that sticky inflation from the services sector could keep price growth elevated for much longer than rate-cut-hungry investors had initially hoped.

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