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fxJun 19, 2026, 1:57 AM

NZD/USD Falls to Fresh Low Since April on Hawkish Fed

The New Zealand dollar dropped to its lowest level since April 8 against the US dollar, extending losses for a third straight day as hawkish Federal Reserve expectations continue to support the greenback.

NZDUSD

The NZD/USD pair reversed a modest Asian-session uptick near the 0.5775 region and turned lower, hitting a fresh low since April 8 in the latest trading.

The decline marks the third consecutive daily drop, driven by growing expectations of a more hawkish Federal Reserve policy stance, which bolsters the US dollar across the board.

Technical analysts note that the pair remains under pressure as the greenback strengthens on rate differentials, with no immediate catalysts seen for a reversal.

Source: FXStreet Forex News