New Zealand Dollar gains despite hawkish Fed tone, Middle East tensions

NZD/USD halts its three-day losing streak, trading around 0.5660 during the European hours on Monday. However, the currency pair faces potential downside pressure as the US Dollar (USD) gains strength from hawkish comments made by Federal Reserve (Fed) officials.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-28
• geopolitics
• rates
• dollar

Topics: gold news, gold price impact, geopolitics, rates, dollar