The New Zealand Dollar (NZD) edges higher against the Greenback amid encouraging New Zealand’s Trade Balance data. New Zealand posted a trade surplus of NZ$52 million MoM in December 2025, compared to a deficit of NZ$163 million in November. Exports rose to NZ$7.65 billion versus NZ$6.99 billion, while Imports climbed to NZ$7.60 billion, compared to NZ$7.15 billion in the previous reading. A stronger trade position could provide some support to the Kiwi against the US Dollar (USD) in the near term. “Monetary policy is not on a preset course, and we will make our decisions on a meeting-by-meeting basis,” Powell said.