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Market Impact: 0.3
NZD/USD Tipped to Extend Six-Week Losing Run as Oil, Election Weigh
Source: Bloomberg
Currency & FXEnergy Markets & PricesElections & Domestic PoliticsInvestor Sentiment & Positioning
The New Zealand dollar is on track for its longest weekly losing streak since early 2025. Higher oil prices and uncertainty surrounding a close election are pressuring the currency, while market strategists expect further NZD weakness.
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mildly negative
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