USD Mixed: NZD/USD Gains 0.42%, USD/JPY Rebounds After Friday Drop

The US dollar opened the North American session with mixed performance across major pairs, reflecting divergent themes driving individual currencies. NZD/USD led gains against the greenback with the kiwi up 0.42%, the biggest mover of the session. USD/JPY rebounded higher by 0.24% as buyers returned following Friday's decline, suggesting the yen's safe-haven bid has partially unwound. EUR/USD traded modestly higher while GBP/USD slipped lower, as markets navigated the shifting geopolitical landscape and its broader implications for risk sentiment and monetary policy expectations. The mixed USD picture reflects competing forces: hawkish Fed rhetoric and rising yields support the dollar, while geopolitical uncertainty and commodity-driven flows create pockets of dollar weakness. Technical levels across multiple pairs are being closely monitored, with traders noting key moving average interactions in EUR/USD, GBP/USD, USD/JPY, and USD/CAD. Near-term direction will likely depend on upcoming US inflation data and further developments on the Iran blockade situation.