
NZD/USD Experiences Mild Downward Pressure: Insights from UOB Group
New Zealand Dollar (NZD) Outlook: Mild Downward Pressure Against US Dollar (USD) The New Zealand Dollar (NZD) has been experiencing mild downward pressure against its US counterpart (USD) in recent trading sessions. According to UOB Group’s FX strategists Quek Ser Leang and Peter Chia, the NZD could edge lower but is unlikely to break clearly…