The Kiwi dollar weakened today after the release of trade deficit data. The figures revealed a larger-than-expected shortfall, prompting concerns about the country’s economic outlook. This development has led to increased volatility in the currency markets, with analysts closely watching for further economic indicators that could influence the New Zealand dollar’s trajectory.

The trade deficit data is raising questions about the sustainability of New Zealand’s economic growth. Market participants are now assessing the potential implications for monetary policy.