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fxJul 2, 2026, 4:19 PM

New Zealand Dollar Advances as US Employment Data Disappoints

NZD/USD rose 0.59% to around 0.5705 after weaker-than-expected US employment data weighed on the US dollar.

NZDUSD

The New Zealand Dollar gained against the US Dollar on Thursday, climbing 0.59% to trade near 0.5705. The move was driven by a sharp decline in the greenback following the release of significantly weaker-than-expected US employment data.

The weaker employment figures weighed on the US Dollar broadly, providing support for NZD/USD. The pair continues to trade in a range influenced by labor market data and broader risk sentiment.

Source: FXStreet Forex News