The New Zealand Dollar has dipped around 0.35% as investors await the US CPI release. Recent developments in US-China trade talks have left traders feeling cautious. Despite a weaker US dollar, the Kiwi fails to drop significantly due to mixed signals in the market. US Commerce Secretary Howard Lutnick announced an agreement framework to lower tariffs, but uncertainty persists regarding its impact. Traders should remain vigilant as they navigate these factors affecting the NZD/USD exchange rate in the near term.