New Zealand Dollar weakens on global growth outlook, Fedspeak

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• The New Zealand Dollar declines across the board on Friday.
• Kiwi weakness comes from a combination of a negative global growth outlook and US Dollar outperformance. 
• Hawkish commentary from Fed Chair Powell set the US Dollar trending higher against the Kiwi, NZD/USD resumes decline. 

The New Zealand Dollar (NZD) weakens across the board on Friday as concerns about global growth continue to fester following a run of weak data from China, New Zealand’s biggest trading partner.