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fxAug 14, 2026, 1:20 AM

NZD/USD Recovers From Two-Week Low as Fed Hike Bets Fade

NZD/USD bounces from the 0.5820 area during Asian trading Friday, climbing back above 0.5850 as fading Federal Reserve rate-hike expectations weigh on the dollar.

NZDUSD

The New Zealand dollar is regaining ground after touching its weakest level in two weeks. NZD/USD found support near 0.5820 in the previous session and moved back above 0.5850 during Asian trading on Friday.

The rebound appears to have snapped a four-day losing streak. A softer US dollar is supporting the pair as markets scale back expectations for additional Federal Reserve rate hikes.

Source: FXStreet Forex News