NZD/USD Falls Below 0.5850 as USD Gains on Fed Rate Outlook, Middle East Tensions
Rising US rate expectations and geopolitical risks lift the USD, pushing the NZD/USD pair to a near-term low near 0.5820. The NZD/USD pair dropped to around 0.5820 in Asian trading on Wednesday, pressured by a stronger US Dollar. Escalating Middle East tensions and a hawki