NZD/USD Tipped to Extend Six-Week Losing Run as Oil, Election Weigh

The New Zealand dollar is poised to cap its longest run of weekly declines since early 2025 as higher oil prices and the risks of a close election weigh on...

By Matthew Burgess · Bloomberg Markets

The New Zealand dollar is poised to cap its longest run of weekly declines since early 2025 as higher oil prices and the risks of a close election weigh on the currency, with market strategists warning of further losses ahead.