NZD Weakens Against USD

NZD/USD pair loses traction near 0.5870 The NZD/USD pair has softened below 0.5900 due to uncertainty surrounding US-Iran talks and stronger US economic data. The pair's decline is also attributed to safe-haven flows. Traders are awaiting New Zealand's empl

NZD/USD pair loses traction near 0.5870

The NZD/USD pair has softened below 0.5900 due to uncertainty surrounding US-Iran talks and stronger US economic data.

The pair’s decline is also attributed to safe-haven flows.

Traders are awaiting New Zealand’s employment report, which is set to be published later.

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