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NZD/USD Aims Higher on Broad US Dollar Weakness Ahead of New Year
A broadly weaker US Dollar helped boost the New Zealand Dollar overnight as Omicron fears receded further despite another round of big daily case increases across key economies. Earlier this week, New Zealand reported its first case of Omicron in Auckland, but the government is reportedly not considering tightening local restrictions. Chris Hipkins, the Covid-19 Response Minister, will brief the media today. The New Year holiday this weekend will see various markets closed early across APAC, Europe and the United States. Stocks on Wall Street moved modestly higher overnight, with the Dow Jones Industrial Average ... (full story)