NZD/USD extends gains above 0.6060 on hopes of a Sino-US trade deal

  • The risk-sensitive New Zealand Dollar is outperforming all its peers on Monday, fuelled by hopes that the US-China talks may render an agreement to bring some clarity to the global trade scenario. The NZD7USD has rallied almost 0.7%, nearing year-to-date highs at 0.6080.