NZD/USD Extends Losses as USD Gains on Safe-Haven Flows
The New Zealand Dollar weakened against the US Dollar on renewed safe-haven demand, with NZD/USD trading around 0.5670 during early European hours.
NZDUSD
The New Zealand Dollar remained under pressure on Friday, erasing the modest gains seen in the previous session. The pair traded near 0.5670 during early European trading, as the US Dollar strengthened on safe-haven demand amid lingering uncertainty in global markets.
Market participants continue to monitor risk sentiment and any shifts in global trade or monetary policy outlook. No major economic data from New Zealand is expected in the near term, leaving the pair driven by broader dollar flows.
Source: FXStreet Forex News