New Zealand Dollar struggles to rebound despite softer US data

NZD/USD trades around 0.5900 on Tuesday at the time of writing, down 0.24% on the day. The New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD), which holds onto modest gains despite the release of mixed United States (US) economic data.
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US Treasury Secretary Bessent backs Yen support, urges BOJ clarity

The US Treasury Secretary Scott Bessent said that he “emphasized the importance of sound formulation and communication of monetary policy to anchor inflation expectations, in a meeting with the Bank of Japan Governor, Kazuo Ueda.
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