The NZD/USD pair opened with a modest bearish gap, moving further from the recent peak of around 0.6100. Current spot prices have dropped to a fresh monthly low of approximately 0.5930.

As traders anticipate Iran’s response to recent U.S. actions, this bearish trend highlights susceptibility in the NZD/USD pair. Investors are encouraged to remain vigilant amid these developments.

Keeping a close watch on geopolitical tensions will be vital as market conditions fluctuate.