FOREX TradingCharts.com

Forex News: NZ Dollar Falls Amid Rising U.S.- Iran Tensions

NZ Dollar Falls Amid Rising U.S.- Iran Tensions

07/22/2026 - 06:42:00 (RTTNews)

(RTTNews) - The New Zealand dollar weakened against other major currencies in the European session on Wednesday, due to rising risk aversion associated with the developing geopolitical tensions between the US and Iran.

Iranian media reported explosions in Bushehr, home to the Iranian nuclear power plant.

In addition to following geopolitical news and tracking earnings updates, investors awaited the European Central Bank's monetary policy announcement on Thursday.

U.S. military carried out its 11th consecutive night of strikes against Iran and President Trump vowed to bomb Pickaxe Mountain.

Iranian media reported explosions in Bushehr, home to the Iranian nuclear power plant. Meanwhile, the New Zealand's hot inflation confirmed RBNZ's concerns and raised expectations for additional policy tightening, following the first-rate increase in three years in July.

Market expectations that the Reserve Bank of New Zealand (RBNZ) will raise interest rates once again in September have been strengthened by extreme inflation data.

The annual inflation rate in New Zealand increased from 3.1% in Q1 to 4.1% in Q2, exceeding both the central bank's prediction of 3.9% and market forecasts of 4.0%. Inflation is still considerably above the RBNZ's target range of 1-3%, having reached its highest level since Q4 2023.

In the European trading today, the NZ dollar fell to a 1-week low of 0.5813 against the U.S. dollar and a 2-day low of 1.9622 against the euro, from early highs of 0.5834 and 1.9551, respectively. If the kiwi extends its downtrend, it is likely to find support around 0.57 against the greenback and 1.99 against the euro.

Against the yen and the Australian dollar, the kiwi edged down to 94.76 and 1.2030 from early highs of 95.17 and 1.2010, respectively. The kiwi is likely to find support around 93.00 against the yen and 1.21 against the aussie.

Looking ahead, U.S. MBA mortgage approvals data and U.S. EIA crude oil data are slated for release in the New York session.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2026 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


U.S. Dollar Advances Amid Increasing Expectations Of A Fed Rate Hike (05 hr(s), 31 min(s), 20 sec(s) ago)
(RTTNews) - The U.S. Dollar value edged higher as crude oil prices skyrocketed after the U.S. anno ...Full Story»

Antipodean Currency's Slide As European Stock Markets Traded Lower (14 hr(s), 16 min(s), 20 sec(s) ago)
(RTTNews) - The antipodean currencies such as the Australia and the New Zealand dollars weakened a ...Full Story»

NZ Dollar Slides Against Most Majors (16 hr(s), 58 min(s), 20 sec(s) ago)
(RTTNews) - The New Zealand dollar weakened against most major currencies in the European session ...Full Story»

Australian Dollar Falls Against Majors (17 hr(s), 01 min(s), 20 sec(s) ago)
(RTTNews) - The Australian dollar weakened against other major currencies in the European session ...Full Story»

U.S. Dollar Slides Amid Inflation Concerns Following Fresh U.S.-Iran Escalation (05 hr(s), 31 min(s), 20 sec(s) ago)
(RTTNews) - The U.S. Dollar value edged lower as investors assessed the possibilities of inflation ...Full Story»

Dollar Rebounds As Hawkish Warsh Lifts Rate Hike Bets (12 hr(s), 07 min(s), 20 sec(s) ago)
(RTTNews) - The U.S. Dollar staged a strong comeback during the week ended August 28 amidst hawkis ...Full Story»

Yen Rises Amid BoJ Rate Hike Speculation (15 hr(s), 22 min(s), 20 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story»

Yen Rises Against Majors (15 hr(s), 37 min(s), 20 sec(s) ago)
(RTTNews) - The Japanese yen strengthened against other major currencies in the European session o ...Full Story»

Search

FOREX NEWS

U.S. Dollar Advances Amid Increasing Expectations Of A Fed Rate Hike

09/01/2026 - 17:00 PM (RTTNews)
(RTTNews) - The U.S. Dollar value edged higher as crude oil prices skyrocketed after the U.S. anno ...Full Story>>

Antipodean Currency's Slide As European Stock Markets Traded Lower

09/01/2026 - 08:17 AM (RTTNews)
(RTTNews) - The antipodean currencies such as the Australia and the New Zealand dollars weakened a ...Full Story>>

NZ Dollar Slides Against Most Majors

09/01/2026 - 05:35 AM (RTTNews)
(RTTNews) - The New Zealand dollar weakened against most major currencies in the European session ...Full Story>>

Australian Dollar Falls Against Majors

09/01/2026 - 05:31 AM (RTTNews)
(RTTNews) - The Australian dollar weakened against other major currencies in the European session ...Full Story>>

U.S. Dollar Slides Amid Inflation Concerns Following Fresh U.S.-Iran Escalation

08/31/2026 - 17:00 PM (RTTNews)
(RTTNews) - The U.S. Dollar value edged lower as investors assessed the possibilities of inflation ...Full Story>>

Do not sell my personal information

Copyright © 2026. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.