March 23, 2026

NZD/USD weakens below 0.5850 as Middle East tensions rise, Fitch downgrades NZ outlook

March 23, 2026

NZD/USD weakens below 0.5850 as Middle East tensions rise, Fitch downgrades NZ outlook

The NZD/USD pair loses ground to near 0.5830 during the early Asian session on Monday. Heightened geopolitical tensions in the Middle East boost safe-haven currencies such as the US Dollar (USD) against the Kiwi. 

The NZD/USD pair loses ground to near 0.5830 during the early Asian session on Monday. Heightened geopolitical tensions in the Middle East boost safe-haven currencies such as the US Dollar (USD) against the Kiwi. 

Article written by AdminFF

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