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- NZD/USD prints a daily high of 0.5869 before dropping to 0.5825, losing 0.30% amidst strong USD.
- US Dollar Index (DXY) gains 0.11%, reaching 106.35, boosted by the Middle East conflict and strong US economic data.
- New Home Sales in the US rose 12.3% MoM in September, contributing to the Greenback’s strength.
NZD/USD extended its losses during the North American session after printing a daily high of 0.5869, but market sentiment deterioration and a strong US Dollar (USD) dragged the exchange rate towards 0.5825, as the pair is losing 0.30%.
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