NZD/USD slides further to near 0.5900 as RBNZ rate-cut bets surge – FXStreet
The New Zealand Dollar (NZD) continues to decline against the US Dollar (USD), nearing the 0.5900 mark as bets on a rate cut by the Reserve Bank of New Zealand (RBNZ) increase. The NZD/USD pair is sliding further as investors anticipate a potential interest rate reduction by the RBNZ.