NZD/USD edges lower despite softer US Dollar, weighed by China-linked concerns

  • The New Zealand Dollar (NZD) slides lower against the US Dollar (USD) on Tuesday, with NZD/USD slipping to 0.5910 in early American trading hours. The move marks a mild pullback from the previous day's recovery, as traders react to China's latest interest rate cut, which raised fresh concerns over slowing growth in the region.