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fxJul 2, 2026, 11:36 AM

NZD/USD Rises to 0.5680 on Dollar Weakness Ahead of US NFP

NZD/USD traded higher near 0.5680 on Thursday, gaining 0.16% as the US Dollar weakened ahead of the upcoming Nonfarm Payrolls report.

NZDUSD

The New Zealand Dollar edged higher against the US Dollar on Thursday, with NZD/USD rising to approximately 0.5680, a 0.16% gain. The move was attributed to a softer US Dollar as traders trimmed their long positions ahead of the highly anticipated US Nonfarm Payrolls (NFP) data.

Weak US economic data releases earlier in the week prompted the dollar weakness, leading to increased demand for the Kiwi. Market participants remain cautious as they await the NFP report for further directional cues.

Source: FXStreet Forex News