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fxJul 22, 2026, 9:59 PM

NZD/USD Extends Pullback After Hotter-Than-Expected Inflation

The New Zealand Dollar weakened to around 0.5820 against the US dollar on Wednesday, failing to gain support from stronger domestic inflation data.

NZDUSD

The New Zealand Dollar traded lower near the 0.5820 level on Wednesday, extending its recent pullback. Despite stronger-than-expected inflation figures from New Zealand, the NZD/USD pair failed to find upward momentum.

Investors appeared to focus on broader market dynamics rather than the inflation surprise. The US dollar remained firm, weighing on the Kiwi.

Source: FXStreet Forex News