The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid encouraging New Zealand’s Trade Balance data.
The NZD/USD pair attracts some buyers near 0.5755 during the early European session on Friday. However, the upside for the pair might be limited in the near term after positive US economic data push out expectations for rate cuts by the US Federal Reserve (Fed).
NZD/USD halts its five-day losing streak, trading around 0.5760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026.