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July 2, 2025

NZD/USD Faces Pressure Below 0.6100 as US Dollar Strengthens

The NZD/USD currency pair encounters selling pressure near 0.6085 during the early European session on Wednesday, driven by a rebound in the US Dollar. Traders are bracing for the US ADP Employment Change report for June, set to be released later today. The upcoming data could act as a catalyst for market movement in both the NZD/USD and other related pairs. Active traders should prepare strategies accordingly, as the report may provide valuable insights for future trades.

![NZD/USD Forecast](https://images.financialmodelingprep.com/news/nzdusd-softens-below-06100-on-firmer-us-dollar-eyes-20250702.jpg)

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