The New Zealand Dollar/US Dollar pair has dropped to its lowest point in three months amid speculation of a rate cut. The NZD/USD exchange rate has been negatively impacted by the possibility of a decrease in interest rates. This has led to a decline in the value of the New Zealand Dollar against the US Dollar. Traders and investors are closely watching the situation as the pair continues to sink to new lows. The market is reacting to the uncertainty surrounding the potential rate cut and its impact on the currency pair.
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