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fxJun 25, 2026, 6:09 PM

NZD/USD Hovers Near Seven-Month Lows as RSI Flashes Oversold

NZD/USD pauses its six-day losing streak near 0.5650 as the US Dollar eases after PCE data meets expectations, with RSI indicating oversold conditions.

NZDUSD

NZD/USD is trading around 0.5650 on Thursday, pausing a six-day losing streak as the US Dollar softens following the latest Personal Consumption Expenditures (PCE) data, which broadly matched market expectations.

The pair remains near seven-month lows, and the Relative Strength Index (RSI) has flashed oversold, suggesting a potential short-term bounce. However, the pair is virtually unchanged on the day, reflecting cautious market sentiment.

Source: FXStreet Forex News