DailyBubble News
DailyBubble News

USD to NZD Rate Fails at 0.60 Despite Better Chinese Mfg PMI – FX Leaders

The USD to NZD exchange rate struggles to reach 0.60 despite an improved Chinese Manufacturing PMI. According to FX Leaders, the rate has failed to hit this mark, showing resistance at this level. The Chinese Manufacturing PMI, which is a key indicator of economic health, has shown improvement. However, this has not translated into a stronger USD to NZD rate. Investors are closely monitoring these developments as they can impact the currency market.

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