Jun 4, 2026
New Zealand Dollar rebounds against USD as markets price in further RBNZ rate hikes
NZD/USD trades around 0.5880 on Thursday at the time of writing, up 0.28% on the day after ending a three-day decline. The pair's rebound is supported by expectations of a more restrictive monetary policy in New Zealand, although caution remains warranted due to ongoing tensions in the Middle East.
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