NZD/USD amid improved market sentiment.
The NZD/USD pair steadied its bid above the 0.5900 circular resistance late in the European session.
Inflation data showed a nominal improvement but the overall outlook remains vulnerable as household demand is thin due to slow job growth. Investors hope a series of stimulus supports to stimulate the Chinese market will boost growth prospects.
Inflation data showed a nominal improvement but the overall outlook remains vulnerable as household demand is thin due to slow job growth. Investors hope a series of stimulus supports to stimulate the Chinese market will boost growth prospects.
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