NZD/USD holds near one-month high as RBNZ hawkishness offsets stronger US Dollar

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NZD/USD is trading near one-month highs around 0.5842 as buyers retain the upper hand. The Reserve Bank of New Zealand’s hawkish stance is supporting the Kiwi, while a stronger US Dollar is capping further upside. The pair fluctuated between minor gains and losses on Thursday after climbing to a one-month high earlier in the week.

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