NZD/USD steadies near 0.5890 after data-driven rebound, but broader bias remains weak

  • NZD/USD is trading slightly higher near 0.5890 during early Friday trading, recovering from recent losses as upbeat domestic data supports the Kiwi. The pair snapped a two-day slide, buoyed by an improvement in local manufacturing and a rise in inflation expectations, while market action remains largely muted across G10 currencies.