NZDUSD Struggles Below 0.5700 Amid US Trade Policy Uncertainty
The NZDUSD pair extends its losing streak for the fifth consecutive day, trading around 0.5680 during Thursday’s European session. The US Dollar’s strength is largely a product of ongoing uncertainty regarding US trade policies. Vague statements by President Trump about potential tariffs on Europe and delays in imposing levies on Canada and Mexico have created a complex environment for traders. This uncertainty drives the NZDUSD lower and adds to cautious sentiment across the market. Traders should navigate this volatility carefully.