The NZD/USD pair continues its downturn for the third consecutive day. Currently trading around 0.5730 during Tuesday’s Asian hours, its depreciation aligns with a broader downbeat market sentiment. This sentiment emerged following President Trump’s announcement regarding tariffs on Canada and Mexico. As the market reacts to these geopolitical tensions, traders must evaluate their positions carefully. Understanding market movements in response to these events will be essential for effective trading strategies in the current landscape.