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NZD/USD: Card Spending Rises To 1.2 Percent, NZD/USD Continues Down Trend

posted by Avatar makino 341 days ago in USD, EUR, NZD made popular 341 days ago

Higher card spending is typically a sign that the economy is expanding, but the market is reacting to much strong indicators of a weaker economy to come. The NZD/USD rose briefly leading up of the announcement, but continued its downward trend.
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