The NZD/USD pair experiences a notable setback following the New Zealand Budget release. After reaching a one-week high at the 0.5965-0.5670 area, the currency pair faced pressure during the Asian session on Thursday. Spot prices fell to the 0.5920 region, marking a fresh daily low. Despite the decline, the downside appears restrained, bolstered by a prevailing selling bias in the US Dollar. Investors remain cautious as they monitor the impact of the New Zealand budget on economic indicators and market sentiment.