The NZD/USD pair extends the decline near 0.6070 during the early Asian session on Tuesday.
NZD/USD remains under some selling pressure around 0.6070 in Tuesday’s early Asian session. USmanufacturing activity continued to decline in June.
New Zealand Business Confidence extends decline in Q2. The renewed US Dollar demand and a further decline in New Zealand’s business activity outlook surveys drag the pair lower. Market players will keep an eye on Federal Reserve Chairman Jerome Powell's speech on Tuesday for fresh impetus, followed by the Fed’s latest monetary policy minutes on Wednesday.
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