What is causing the decline of the New Zealand Dollar even as the Business NZ PSI increases in June?
New Zealand Dollar Update The NZD/USD pair is experiencing a downward trend, currently hovering around 0.5750 during Asian trading hours on Monday. While local economic indicators show some improvement, the New Zealand dollar is still struggling, lacking solid support to halt its decline. In June, New Zealand’s BusinessNZ Service Performance Index climbed to 50.6, recovering […]