The NZDUSD pair is trading positively around 0.5865, buoyed by the recent agreement between the US and China to ease tariffs for a duration of 90 days. This landmark deal has alleviated concerns surrounding a potential trade conflict, allowing the New Zealand Dollar (NZD) to strengthen against the USD.

This movement highlights the influence of global trade policies on local currencies, emphasizing the interconnectedness of international markets. Traders are advised to watch for further developments in trade negotiations as they unfold.