NZD/USD Struggles Below 0.6050 After Pullback from Recent Highs
The NZD/USD currency pair trades around 0.6030 during the Asian session on Friday after a pullback from its eight-month high of 0.6081 reached the previous day. Currency performance reflects cautious trading as the US Dollar gains traction in the market. Attention shifts towards the upcoming US Nonfarm Payroll figures, which are anticipated to report a modest increase in jobs for May. Investors remain cautious, understanding that this data may significantly impact current trading behaviors and strategies. As a result, traders should remain vigilant as market sentiment fluctuates.