NZD/USD muted despite stronger risk appetite, softer US Dollar

The NZD/USD recovered and is now trading near the 0.5880 region on Friday as the United States (US) Dollar (USD) loses momentum despite resilient economic data, while improving market sentiment and stronger demand for risk-sensitive assets support the New Zealand Dollar (NZD).

NZD/USD muted despite stronger risk appetite, softer US Dollar
The NZD/USD recovered and is now trading near the 0.5880 region on Friday as the United States (US) Dollar (USD) loses momentum despite resilient economic data, while improving market sentiment and stronger demand for risk-sensitive assets support the New Zealand Dollar (NZD).

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