The NZD/USD pair sees a decline towards 0.5950 during the Asian trading hours on Monday as the US Dollar (USD) gains traction.

Increased demand for the USD places pressure on the New Zealand Dollar. Recent signs show a potential easing of global trade tensions between the United States and China, which supports the Greenback.

This situation may influence traders to adjust their positions as they monitor the impact of US-China relations on monetary policies and commodity prices.