NZD/USD extends gains to near 0.5750 amid improved risk sentiment, China stimulus hopes
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The NZD/USD currency pair extended gains to near 0.5750, driven by improved market sentiment, potential US tariff exemptions, and anticipated Chinese stimulus measures. New Zealand's economic recovery, with Q4 2024 GDP growth exceeding expectations, and optimistic market outlook contribute to the currency's strength.
March 26, 2025 | 3:00 am
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NEUTRAL IMPACT
The NZD's performance could indirectly impact the Australian dollar, potentially affecting the FXA ETF due to regional economic correlations.
While not directly related, regional currency movements often show correlations, and NZD's performance could subtly influence AUD-tracked ETFs.
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