New Zealand Current Account (QoQ) below expectations ($-2.2B) in 1Q: Actual ($-2.324B)

Jun 18, 2025

New Zealand Current Account - GDP Ratio: -5.7% (1Q) vs -6.2%

USD/CAD strengthens to near 1.3700 amid geopolitical risks

The USD/CAD pair trades in positive territory near 1.3690 during the early Asian session on Wednesday. The US Dollar (USD) attracts some buyers amid escalating geopolitical tensions between Israel and Iran.