NZD/USD Price Outlook: Kiwi Hits Seven-Month High, Eyes 0.6100
By tredu.com • 6/5/2025
Tredu
NZD/USD Price Outlook: Kiwi Climbs to Seven-Month High Amid USD Weakness
NZD/USD Refreshes Seven-Month High at 0.6055
The NZD/USD currency pair surged to a new seven-month high of approximately 0.6055 on Thursday as the New Zealand Dollar (NZD) leads gains across the currency board.
Kiwi Strength Despite Rising US-China Trade Concerns
The NZD’s appreciation comes even as escalating trade tensions between the US and China stoke market uncertainty. The Kiwi’s resilience highlights investor confidence amid growing doubts about a quick trade resolution.
Weak US Data Pressures Treasury Yields and USD
A series of disappointing US economic reports have pushed US Treasury yields lower, weighing on the US Dollar and further supporting the Kiwi’s advance.
Related articles on Tredu.com:
- US-China Trade Impact on Forex Markets
- NZD/USD Technical Analysis June 2025
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