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NZD/USD rebounds from four-month low as Powell’s Jackson Hole remarks sink US Dollar

NZD/USD is up nearly 0.85% on Friday after briefly touching 0.5800, its lowest level since April 11.Powell balanced tariff-driven inflation risks with labor market weakness, signaling monetary policy recalibration.Markets price in a 90% probability of a September rate cut, up from 70% earlier in the day.The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Friday, with NZD/USD rebounding from its lowest level since April 11 as traders reacted to Federal Reserve (Fed)…

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Trump announces tariff investigation into furniture imports

President Trump announced on Friday that his administration is launching a probe into furniture imports to determine new tariff rates on pieces entering the country. “I am pleased to announce that we are doing a major Tariff Investigation on Furniture coming into the United States,” Trump posted to his Truth…

Markets

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Investing

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