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fxJul 23, 2026, 9:44 PM

New Zealand Dollar Falls on Strong US Labor Data

The New Zealand Dollar weakened against the US Dollar on Thursday as better-than-expected US labor data boosted the greenback, pushing NZD/USD near 0.5770.

NZDUSD

The New Zealand Dollar (NZD) declined against the US Dollar (USD) on Thursday, with NZD/USD trading lower near the 0.5770 level. The move came as the US Dollar strengthened following better-than-expected labor market data from the United States.

Stronger US employment figures tend to increase demand for the Dollar, putting pressure on commodity-linked currencies like the Kiwi. The data reinforced expectations that the Federal Reserve may maintain a tighter monetary policy stance.

Source: FXStreet Forex News