After a rise in New Zealand’s inflation rate, the NZD/USD currency pair is trading at a level of 0.62837 and experiencing a consolidation period. This is due to the mixed sentiment in the market and the US Dollar’s corrective rebound.

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After a rise in New Zealand's inflation rate, the NZD/USD currency pair is trading at a level of 0.62837 and experiencing a consolidation period. This is due to the mixed sentiment in the market and the US Dollar's corrective rebound.

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