Broader USD weakness push NZD/USD near 0.7200

The NZD/USD pair has advanced as the New York session end. It has leaped up 0.43%, trading at 0.7198.

Market sentiment is positive, portrayed by U. S. equity indices finishing in the green zone, with gains between 0.68% and 1.15%.

The US Dollar Index, which tracks the USD’s performance against a basket of major peers, fell by 0.71 %, to stay at 93.35, despite higher US Bond yields.

Meanwhile, the US 10-year benchmark note rose by five basis points, currently at 1.578%.

Factors like US corporate earnings have kept investors looking for riskier assets, hurting safe-haven currencies like the US dollar, the Japanese yen, and the Swiss franc.