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The NZD/USD pair builds on the overnight bounce from the sub-0.6200 levels, or the weekly low, and gains positive traction for the second successive day on Friday.
NZD/USD advances to near 0.6250 during the European session on Thursday.
The New Zealand Dollar (NZD) registered minor gains of 0.10% on Thursday after seesawing in a volatile session following the release of US inflation data.
The NZD/USD pair struggles for a direction as investors await the United States Consumer Price Index (CPI) data for December, which is scheduled for Thursday.
The NZDUSD pair is consolidating around a key support zone. What’s next?