NZD/USD Drops Below 0.5850 on USD Strength, RBNZ Decision Looms
The New Zealand Dollar weakens as the USD recovers amid US-Iran tensions before the RBNZ holds rates at 2.25%. The NZD/USD pair fell below the mid-0.5800s in early European trading, driven by a modest rebound in the US Dollar. The decline comes ahead of the Reserve Bank of