NZD/USD FINDS FLOOR AROUND 0.6200 AFTER US RETAIL SALES DATA

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  • NZD/USD trades at 0.6206, down 0.47% at the press time.
  • US Retail Sales data declines by 0.4%, a little more than the 0.3% expected.
  • DXY maintains significant daily gains after US Retail Sales data, remaining above the 104.90 level.

Daily price movements:

NZD/USD sees a bearish intraday movement on Wednesday, with the last recorded price at 0.6206 where it appears to be temporarily finding a floor. The currency pair started the session at 0.6235, and the overall intraday price change was -0.47% at press time.

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