[1]。 This movement can be attributed to a combination of factors, including expectations of aggressive rate cuts from the Reserve Bank of New Zealand (RBNZ) and the announcement of new tariffs by President-elect Donald Trump on Chinese goods.

[1]。 This dovish stance from the central bank has been driving selling in the New Zealand Dollar (NZD), as analysts believe that the ongoing easing policy might continue to undermine the NZD against the US Dollar (USD) in the near term [1]。

[1]。 This development has raised concerns about the potential impact of trade tensions on New Zealand, given the country’s close trading relationship with China [1]。

[1]。 Fed Chair Jerome Powell signaled last week that the Fed is not inclined to cut rates at the next upcoming meetings, which has helped to bolster the US Dollar’s value [1]。

[2]。 Bad news for the Chinese economy can negatively impact the NZD, as it reduces the demand for New Zealand exports and hits the economy and its currency [2]。 On the other hand, high dairy prices can boost the NZD, as the dairy industry is New Zealand’s main export, and high prices contribute positively to the economy and the currency [2]。

参考：
[1] FX 街。 (2020, November 26). NZD/USD tumbles below 0.5850 as Trump plans new tariffs on China. https://www.fxstreet.com/news/nzd-usd-tumbles-below-05850-as-trump-plans-new -tariffs-on-china-202411260151
[2] New Zealand Dollar FAQs. （nd）。投资百科。 https://www.investopedia.com/terms/n/new_zealand_dollar.asp