
NZD/USD Loses 0.5800 as US-Iran Strikes Rattle Bulls
NZD/USD lost 0.5800 as US-Iran strikes pushed traders into the Dollar. PPI now decides if the Kiwi takes another hit.
Jun 11, 20264 min read0 reactions0 comments
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NZD/USD lost 0.5800 as US-Iran strikes pushed traders into the Dollar. PPI now decides if the Kiwi takes another hit.
April's 6% PPI jump marks the highest inflation reading since 2023, forcing markets to recalibrate Federal Reserve policy expectations.