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"NZD/USD exchange rate forecast for July 23, 2024 predicts continued selling pressure, keeping it below 0.5900. Renewed demand for the US Dollar amid risk-off sentiment weighs on the New Zealand Dollar. market participants monitor economic data and central bank policies for further cues. Our July 16, 2024 forecast also anticipated similar trends. Stay tuned for updates on NZD/USD movements."

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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