NZD/USD softens to near 0.5950 as China’s deflation concerns persist

Published 2 months ago Negative
NZD/USD softens to near 0.5950 as China’s deflation concerns persist
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NZDUSD.FOREX New Zealand Dol...
The NZD/USD pair loses traction near 0.5950 during the early Asian session on Wednesday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) despite rising bets for a Federal Reserve (Fed) September rate cut. Traders will take more cues from Fedspeak later on Wednesday.

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