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The New Zealand dollar edged up to $0.569, trading near a one-month high, as expectations of further monetary tightening by the Reserve Bank supported the currency. Although inflation eased slightly more than expected in the third quarter, analysts expect price pressures to pick up again, potentially pushing inflation
The New Zealand dollar hovers around $0.597, near three-month highs, as broad US dollar weakness offsets softer New Zealand retail sales and expectations for another RBNZ rate rise in September.