NZD/USD breaks below 0.5900, remains subdued following China’s trade data
NZD/USD holds losses after China released its latest trade data, indicating a slowdown in external demand. China’s trade surplus shrank to CNY 689.99 billion in April, down from CNY 736.72 billion in March. US Initial Jobless Claims dropped to 228,000 for the week ending May 3, slightly beating expectations. The NZD/USD pair continues its downward … Read more