NZD/USD Retraces Below 0.6000 as US Dollar Gains Ahead of Inflation Data
The NZD/USD pair has retreated from the 0.6000 mark as the US Dollar gains momentum ahead of the impending PCE inflation data. This shift signals potential adjustments in investor sentiment while highlighting the NZ Dollar’s vulnerability. Traders are advised to closely monitor these developments that could impact the overall currency landscape, especially with key economic indicators set to be released.