The New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD), while inflation data from the United States (US) triggers only a limited reaction across the foreign exchange market. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, edges slightly lower following the release. The absence of any major surprise in the inflation data provides no fresh catalyst capable of materially changing expectations for the Fed's next policy decisions. According to the source, Iran considers that there is no official start date for the ceasefire and therefore nothing to extend. This cautious environment limits appetite for risk-sensitive currencies such as the New Zealand Dollar.