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NZD/USD. Analysis and Forecast
The NZD/USD pair starts the new
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The NZD/USD pair starts the new week with a downward bias, gradually moving away from Friday's more than one-week high, although no active selling is observed yet, due to mixed fundamental factors. At present, the pair is holding near the 0.5940 level.The main source of uncertainty remains the situation with the U.S.–China trade truce, which expires on August 12. This factor is limiting the rise of currencies that typically move inversely to the yuan, including the New Zealand dollar. Nevertheless,
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Irina Yanina,
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