NZD/USD rises as Trump touts Ukraine talks, Moody's downgrade drags US Dollar

  • The NZD/USD pair is climbing at the start of the week, trading around the 0.5900 level after President Donald Trump claimed credit for restarting Russia-Ukraine peace talks. While Trump's announcement eased geopolitical tensions, the US Dollar remains pressured near 100.30, following a downgrade by Moody's from AAA to AA1, citing concerns over US fiscal deterioration.