NZD/USD rises as weaker US Dollar offsets disappointing New Zealand GDP

NZD/USD trades around 0.5840 on Thursday, up 0.73% on the day, rebounding after the previous day’s decline. The pair largely shrugs off disappointing GDP data from New Zealand, instead benefiting from a weaker US Dollar (USD).

NZD/USD rises as weaker US Dollar offsets disappointing New Zealand GDP
NZD/USD trades around 0.5840 on Thursday, up 0.73% on the day, rebounding after the previous day’s decline. The pair largely shrugs off disappointing GDP data from New Zealand, instead benefiting from a weaker US Dollar (USD).

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