NZD/USD holds gains near 0.5850 following Business NZ PMI, mixed China data – FXStreet

The NZD/USD currency pair is holding onto its gains near 0.5850 after the release of the Business NZ PMI and mixed data from China. The Business NZ PMI report provided some support for the New Zealand dollar, while the uncertain data from China added some volatility to the currency pair. Investors are closely monitoring these developments to gauge the strength of the NZD/USD exchange rate.