NZD stays under pressure amid mixed economic data

  • NZ consumer confidence fell to 110.2 from 113.3 the previous month
  • Job ads rose by 5.3% MoM
  • Business NZ’s PMI rose very sharply to 57.7 from 50.8 in January

The NZD/USD has had a bearish tone for much of the early part of the session, in line with the generally stronger USD

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