NZD/USD briefly rose to 0.5635–0.5640 in Asian trade before meeting selling
pressure after a prior rebound from a two‑week low following the RBNZ rate
decision. The pair trades around 0.5620 as resurgent dollar demand keeps
downside pressure, though dollar bulls are cautious and awaiting clearer Fed
policy signals. Market focus is on upcoming US data — Q3 GDP preliminary and the
PCE price index — which should steer dollar direction. Fed–RBNZ policy
divergence sustains downside risk for NZD/USD.
