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fxAug 13, 2026, 8:41 AM

NZD/USD Under Pressure as NZ Inflation Expectations Cool

The New Zealand dollar traded around 0.5830 against the US dollar, down 0.45%, as cooling local inflation expectations weighed on the kiwi.

NZDUSD

The New Zealand dollar underperformed its major currency peers during European trading, with NZD/USD around 0.5830, a decline of 0.45%.

Cooling New Zealand inflation expectations were cited as the key pressure point for the kiwi. The softer inflation outlook kept the currency on the back foot against the US dollar.

Source: FXStreet Forex News