NZD/USD Extends Losses to Sixth Day on Dollar Strength
The New Zealand Dollar continues to fall against the US Dollar, with NZD/USD trading near 0.5660. The greenback is supported by Middle East tensions and firm US economic data.
NZDUSD
The New Zealand Dollar (NZD) weakened against its US counterpart for a sixth consecutive session, with NZD/USD trading around 0.5660 during Asian hours on Wednesday.
The US Dollar (USD) has gained ground amid heightened geopolitical risks in the Middle East and solid US economic data, putting pressure on risk-sensitive currencies like the kiwi.
No additional details on the specific data points or geopolitical developments were provided in the source.
Source: FXStreet Forex News