Global Trade
Global Trade Tensions Ignite Currency Volatility: NZD/USD Plunges Amidst Renewed Stress
A fresh wave of global trade protectionism and escalating currency volatility is sweeping across financial markets, with the New Zealand dollar (NZD) bearing the brunt of the storm. The NZD/USD pair has experienced a significant bearish slump, driven by a confluence of renewed US-China trade tensions, a dovish stance