13 Nov 2025
NZD/USD Price Forecast: Kiwi Pulls Back Near 0.5650 Amid RBNZ Concerns
The NZD/USD pair retraced to 0.5650 during Thursday’s European session, failing to extend its three-day winning streak. The New Zealand Dollar (NZD) faces selling pressure as the market grows wary of the local job market slowdown and rising expectations that the Reserve Bank of New Zealand (RBNZ) may implement further rate cuts.
The U.S. Dollar (USD) remains broadly subdued amid accelerating dovish bets on the Fed, adding to the Kiwi’s volatility. Traders are closely monitoring economic indicators and central bank signals for the next directional cues.
Key Levels:
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Support: 0.5625 – 0.5600
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Resistance: 0.5675 – 0.5700
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