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Home Forex Trading NZD/USD gathers strength above 0.6000 on softer US CPI data

NZD/USD gathers strength above 0.6000 on softer US CPI data

Andrew M Jun 12, 2025 comments off
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The NZD/USD pair gathers strength to around 0.6035 during the early Asian session on Thursday. Cooler-than-expected US inflation data and rising bets of a Federal Reserve (Fed) rate cut in September exert some selling pressure on the Greenback.

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Forex Trading New Zealand Dollar/US Dollar FX Spot Rate, FX Spot Rate, THOMSON REUTERS United States US Federal Reserve
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