NZD/USD continues its downward trend, trading near the 0.5650 mark after recouping some losses. This decline is tied to the latest New Zealand GDP data, which fell short of expectations. Reaching a low of 0.5607, the NZD/USD pair hasn’t seen levels this low since October 2022. As it trades around the 0.5640 area during European trading hours, the focus will be on upcoming economic developments that could influence this currency pair’s performance. For a comprehensive analysis and future projections, follow updates on Entreprenerdly.com. This information is essential for traders looking to navigate the current market challenges effectively.