NZD/USD jumps to near eight-month highs above 0.6250 ahead of US GDP data – FXStreet

The New Zealand dollar against the US dollar surged to nearly eight-month highs above 0.6250 as investors awaited the release of US GDP data. The NZD/USD pair showed strong momentum, with the kiwi dollar gaining ground against the greenback. Traders were eagerly anticipating the US economic data to gauge the health of the world’s largest economy. The currency pair’s movement reflected market sentiment and expectations surrounding the upcoming data release.