NZD/USD Transitions from US Rates to Trade War Proxy
Recent observations suggest that NZD/USD may be shifting from its typical responsiveness to US interest rates to becoming more influenced by global trade dynamics. This transition comes as the U.S. holds uncertainties surrounding trade relationships, particularly in the wake of the last election cycle. The Kiwi might now be seen as a proxy amid ongoing trade discussions. As trade continues to dominate headlines, traders need to watch how these factors affect the NZD/USD pair moving towards 2025. Alertness to these shifts could prove crucial for effective trading strategies in the future.