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June 12, 2025

NZD/USD Climbs to Nearly 0.6040 Amidst US Tariff Policy Uncertainty

The New Zealand Dollar to US Dollar (NZD/USD) has retraced its previous losses and is now edging towards 0.6040 during Thursday’s early trading in Europe. The differentiation in market sentiments driven by the declining US Dollar reflects growing concern regarding the trajectory of US tariff policies. This backdrop creates a favorable environment for the Kiwi, drawing bids from market participants.

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