NZD/USD pares gains as Greenback firms, optimism grows over US-China trade talks

  • The New Zealand Dollar (NZD) extends losses for a second consecutive session on Friday but remains poised for a weekly gain, supported by improved risk sentiment amid growing optimism over potential US trade deals. A mid-week bounce in the Greenback, underpinned by strong US economic data and firm expectations that the Federal Reserve (Fed) will keep interest rates unchanged at its policy meeting on Wednesday, has limited the Kiwi's upside, even as global market mood stays broadly positive.