NZD/USD has seen a pullback from its recent gains, currently trading around 0.5740 as European markets open on Thursday. The currency pair has struggled to maintain any upward momentum, remaining below the critical resistance level of 0.5750. This decline comes as traders await the latest US Initial Jobless Claims data, which could influence market sentiment and impact the exchange rate.
As the USD continues to attract attention, the New Zealand dollar faces pressure against its American counterpart. The upcoming jobless claims report may provide insight into the health of the US labor market, potentially leading to increased volatility in the forex market. Investors are closely monitoring this data, as it could shape expectations for future monetary policy and further impact the NZD/USD exchange rate.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 09:31
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.