RSS NZD/USD: Upward momentum has largely faded – UOB Group

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 RSS NZD/USD: Upward momentum has largely faded – UOB Group

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New Zealand Dollar (NZD) is likely to trade sideways between 0.5560 and 0.5610. In the longer run, upward momentum has largely faded; NZD is expected to trade in a 0.5540/0.5650 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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