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Fundamental Analysis Posted 1 hour ago

New Zealand retail sales decline 1.4% month-on-month in June

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New Zealand electronic card retail sales fell 1.4% in June from May, signaling weakening consumer demand. NZD traders should monitor this soft data point amid RBNZ rate-cut expectations, though broader USD repricing and Fed hike chatter (post-Waller July 13) currently dominate FX positioning.
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1 hour ago

NZ retail sales rise 1.3% year-on-year in June

New Zealand electronic card retail sales grew 1.3% year-on-year in June, a modest reading reflecting subdued domestic demand. NZD/USD traders should monitor this soft growth data alongside the RBNZ's rate-cut trajectory; weaker consumption supports easing bias, though Fed rate-repricing via Waller's July hike signal dominates near-term USD positioning.

https://x.com/financialjuice/status/2077162578560606343
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