Over the past week USD/NZD traded in a narrow band as growing expectations of U.S. Fed easing softened the dollar while the Reserve Bank of New Zealand’s steady policy stance lent support to the kiwi. Key near-term drivers include upcoming U.S. jobs data and RBNZ communications that could shift the pair toward either end of the current 1.71–1.74 range.

USD/NZD eased in the past week as softer US labour data and a dovish Fed outlook weighed on the dollar, while the RBNZ’s pause after a November rate cut underpinned the kiwi. Key data points show the pair trading in the low-1.71 to mid-1.72 range, with attention shifting to upcoming US releases and NZ macro prints that could reprice rate expectations.

USD/NZD held a narrow range mid‑December as RBNZ Governor Anna Breman signalled low rates through 2026 while Q3 GDP surprised to the upside. The Kiwi found support from stronger domestic data and a softer USD, keeping the pair range‑bound near 1.72–1.74 amid muted year‑end trading.

Over the past week USD/NZD traded in a tight band near 1.73, slipping roughly 0.5% as the Reserve Bank of New Zealand adopted a data‑dependent tone and the U.S. dollar softened amid Fed easing expectations — supporting the NZD and prompting consolidation around key technical levels.

USD/NZD eased from the mid-1.74s to about 1.73 as the US dollar softened on growing Fed cut expectations while New Zealand’s central bank signalled policy continuity under Governor Anna Breman.

USD/NZD moved sharply lower for the dollar last week as markets priced more Fed easing while the RBNZ signaled a pause in cuts. Strong NZ domestic data, improved U.S.–China trade sentiment and thin Thanksgiving liquidity pushed NZD toward 0.578–0.580, with 0.5800 as a key near-term resistance.