Geopolitical risks and stalled US-Iran talks push the pair toward its lowest level of 2025 amid weak risk sentiment.
The New Zealand Dollar fell to 0.5730 against the US Dollar on Monday, extending last week’s losses as geopolitical tensions dampened investor appetite for risk. The pair remains near its year-to-date low of 0.5681, with technical indicators signaling further downside pressure.
US-Iran negotiations showed initial progress but stalled after Tehran closed the Strait of Hormuz and US threats escalated. The conflict’s uncertainty weighed on markets, with the NZD underperforming amid broader risk aversion.
Technical analysis highlights bearish momentum, with the Relative Strength Index near 33 and the MACD line below zero. Support levels at 0.5681 and November 2025 lows remain in focus if selling pressure persists.