Kiwi Falls On Middle East Uncertainty

NZD/USD slips 0.30% to 0.5860 The New Zealand dollar is down for the third consecutive day, trading near 0.5860. The decline is attributed to Middle East tensions and New Zealand's own political backdrop. The Consumer Price Index in the US eased to 3.4% yea

NZD/USD slips 0.30% to 0.5860

The New Zealand dollar is down for the third consecutive day, trading near 0.5860.

The decline is attributed to Middle East tensions and New Zealand’s own political backdrop.

The Consumer Price Index in the US eased to 3.4% year-on-year in July, matching forecasts, but this did not provide a catalyst for the US Dollar.

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