NZD/USD Faces Triple Test: RBNZ Decision, FOMC Minutes, PCE Data

NZD/USD is consolidating near 0.6150 ahead of a pivotal week featuring three major catalysts that could determine the pair's direction. The Reserve Bank of New Zealand's upcoming rate decision is expected to maintain the Official Cash Rate at 5.50%, though any shift in forward guidance could impact the Kiwi dollar significantly. Markets are closely watching for dovish signals as New Zealand's inflation shows signs of cooling. Additionally, the release of FOMC minutes will provide insights into the Federal Reserve's thinking on future rate cuts, while Friday's US PCE inflation data - the Fed's preferred gauge - could influence dollar strength. Technical indicators show NZD/USD trapped between resistance at 0.6200 and support at 0.6100. A hawkish RBNZ stance could push the pair toward 0.6250, while disappointing guidance or stronger US data might pressure it below 0.6100 toward the 0.6050 region.