New Zealand Dollar Breaks Above 0.5900 as US Dollar Stays Soft
NZD/USD climbed above the 0.5900 level for the first time since June 3, supported by continued US dollar weakness.
NZDUSD
The New Zealand dollar pushed higher against a broadly weaker US dollar, with NZD/USD clearing the 0.5900 handle during Asian trading.
Buyers stepped in for a second consecutive day, lifting the pair to its highest level since June 3. The advance was supported by persistent softness in the US dollar, keeping the Kiwi bid above the 0.5900 mark.
Source: FXStreet Forex News