DailyBubble News
DailyBubble News

NZD/USD recovers above 0.5600 as PBOC reportedly signals rate cuts – FXStreet

The NZD/USD pair has bounced back above 0.5600 after reports of the People’s Bank of China signaling potential rate cuts. The pair’s recovery comes amidst growing speculation of monetary policy easing by the PBOC. Traders are closely monitoring any developments from the Chinese central bank as they assess the impact on the NZD/USD exchange rate.

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