New Zealand Dollar Edges Lower Amid US-Iran Tensions, With RBNZ Rate Hike Expectations Capping Losses
The New Zealand dollar retreated on Tuesday, last trading at 0.5878, down approximately 0.38% on the day. Escalating geopolitical tensions between the United States and Iran fueled risk-off…
The New Zealand dollar retreated on Tuesday, last trading at 0.5878, down approximately 0.38% on the day. Escalating geopolitical tensions between the United States and Iran fueled risk-off sentiment in markets, boosting demand for the US dollar and weighing on the kiwi.
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