The NZD/USD currency pair has halted its losing streak, trading around 0.5760 during European hours. This stabilization follows a report indicating a trade balance surplus of $510 million in February, a positive shift from the previous month’s $544 million deficit. However, the New Zealand Dollar (NZD) faces challenges in maintaining its strength despite this encouraging data. Close tracking of upcoming economic indicators and market sentiment will be essential to determine the currency pair’s next moves. Traders should remain alert as conditions evolve in the forex landscape.