March 12, 2026

NZD/USD falls to near 0.5900 as risk aversion increases on Middle East war

March 12, 2026

NZD/USD falls to near 0.5900 as risk aversion increases on Middle East war

NZD/USD remains weaker for the third consecutive day, trading around 0.5900 during the Asian hours on Thursday. The pair declines as the US Dollar (USD) remains stronger, as surging energy prices heightened inflationary risks and reduced the likelihood of Federal Reserve (Fed) interest rate cuts.

NZD/USD remains weaker for the third consecutive day, trading around 0.5900 during the Asian hours on Thursday. The pair declines as the US Dollar (USD) remains stronger, as surging energy prices heightened inflationary risks and reduced the likelihood of Federal Reserve (Fed) interest rate cuts.

Article written by AdminFF

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