Japan Machinery Orders (MoM) came in at -4.6% below forecasts (-1.7%) in July

Sep 18, 2025

Japan Machinery Orders (YoY) below forecasts (5.4%) in July: Actual (4.9%)

NZD/USD slumps below 0.5950 as New Zealand's economy shrinks more than expected in Q2

The NZD/USD pair falls to near 0.5935 during the early Asian session on Thursday. The weaker-than-expected New Zealand Gross Domestic Product (GDP) exerts some selling pressure on the Kiwi against the US Dollar (USD).