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NZD/USD advances to near 0.6000 as the NZ Dollar capitalizes on an upbeat market mood. Inflation in China declined at a faster-than-expected pace in August. Investors await key US PPI data for August. The NZD/USD pair trades 0.22% higher around 0.5940 during the European trading session on Wednesday. The Kiwi pair gains as antipodeans outperforms its peers, following an upbeat market mood. The appeal of riskier assets has increased as the Federal Reserve (Fed) is certain to cut interest rates in the policy meeting next week. New Zealand Dollar Price Today The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.07% -0.04% 0.16% 0.10% -0.18% -0.19% -0.02% EUR -0.07% -0.10% 0.02% 0.03% -0.29% -0.26% -0.08% GBP 0.04% 0.10% 0.18% 0.15% -0.17% -0.15% 0.06% JPY -0.16% -0.02% -0.18% 0.03% -0.38% -0.34% 0.13% CAD -0.10% -0.03% -0.15% -0.03% -0.33% -0.33% -0.09% AUD 0.18% 0.29% 0.17% 0.38% 0.33% 0.03% 0.23% NZD 0.19% 0.26% 0.15% 0.34% 0.33% -0.03% 0.36% CHF 0.02% 0.08% -0.06% -0.13% 0.09% -0.23% -0.36% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote). According to the CME FedWatch tool, traders see an 8.4% chance that the Fed will cut interest rates by 50 basis points (bps) to 3.75%-4.00%, while the rest point a standard 25-bps interest rate reduction. The New Zealand Dollar (NZD) trades firmly even as…