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NZD/USD rises to 0.5840 as US dollar weakens on US-Iran easing; oil drops; Fed awaited.
NZD/USD rose near 0.5850 on weaker USD, despite New Zealand contraction signals; rally seen as temporary.
New Zealand card retail sales growth quickened to 3.3%, signalling resilient demand and supporting higher-for-longer rates, firmer NZD.
New Zealand electronic card sales rose 1.7% in May, boosting NZD outlook and supporting “higher-for-longer” rates.
New Zealand services activity weakened again as PSI fell to 47.5, boosting rate-cut expectations and pressuring NZD.
Commerzbank warns kiwi pressured by Iran conflict, high energy, weak growth; expects fewer hikes, NZD/USD 0.55.
NZD/USD drops near 0.5820 as hot US PPI boosts dollar; RBNZ hawkishness supports kiwi, volatility rises.
NZD/USD dips in Asia as firmer dollar, persistent inflation, and hawkish RBNZ keep pair range-bound.
New Zealand manufacturing PMI fell to 49.9, signaling contraction, boosting dovish RBNZ bets, NZD weakness expectations.
NZD/USD slips near 0.5795 as US-Iran tensions boost safe-haven USD; oil, VIX surge; investors eye PPI.
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