The NZD/USD falls about 0.5950 while the US dollar rises before the PCE data - World Stock Market

NZD gains on greenback fade, but not against other majors

Further macro uncertainty after a US court invalidated Trump’s ‘liberation day’ tariffs. An initial S&P500 rally following the decision faded. Soft US economic data brought lower US Treasury yields and a weaker US dollar

The NZD/USD falls about 0.5950 while the US dollar rises before the PCE data - World Stock Market

The NZD/USD loses ground as traders adopt caution before US PCE inflation data that will be published on Friday. The US dollar could face challenges since the Federal Court ruled allow Trump tariffs to enter into force. Consumer confidence Anz -Roy Morgan fell to 92.9 in May, from 98.3 in April. The NZD/USD stops its two -day winning streak after offering daily profits, quoting around 0.5960 during the first European hours on Friday. However, th…