{"id":30370,"date":"2026-03-11T00:59:16","date_gmt":"2026-03-11T00:59:16","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30370\/"},"modified":"2026-03-11T00:59:16","modified_gmt":"2026-03-11T00:59:16","slug":"nzd-usd-climbs-to-0-5955-up-0-35-as-broad-us-dollar-softness-follows-trumps-middle-east-remarks","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30370\/","title":{"rendered":"NZD\/USD climbs to 0.5955, up 0.35%, as broad US Dollar softness follows Trump\u2019s Middle East remarks"},"content":{"rendered":"NZD\/USD traded near 0.5955 on Tuesday and rose 0.35% as the US Dollar weakened. The move followed remarks by US President Donald Trump that the Middle East conflict could end \u201cvery soon\u201d.\n\nTrump also said the US could waive some oil-related sanctions and use the US Navy to escort commercial tankers through the Strait of Hormuz. These comments reduced concerns about major supply disruption.\n\n<h3>Oil Market Reaction And Geopolitical Risk<\/h3>\nOil prices had jumped after the conflict began but later fell after Trump\u2019s remarks. Prices also eased after reports that G7 countries are considering a coordinated release of strategic oil reserves through the International Energy Agency.\n\nIran said it would block oil shipments through the Strait of Hormuz if attacks by the US and Israel continue. This kept geopolitical uncertainty elevated.\n\nIn US data, the ADP Employment Change report showed the four-week average rose to 15.5K from 12.8K. Markets are now watching New Zealand\u2019s Business NZ Performance of Manufacturing Index (PMI) due on Thursday.\n\nIn the US, the Consumer Price Index (CPI) is due on Wednesday and the Personal Consumption Expenditures (PCE) Price Index on Friday. A correction dated March 10 at 19:57 clarified the NZ PMI is released on Thursday.\n\n<h3>Implications For Volatility And Derivative Positioning<\/h3>\nLooking back to this time in March 2025, we saw how quickly comments from the US executive could shift market sentiment. The easing of Middle East tensions and subsequent drop in oil prices directly weakened the US Dollar. This created a clear opportunity in risk-sensitive currencies like the NZD\/USD, which rallied sharply.\n\nThis pattern is highly relevant today as we observe renewed volatility in energy markets. With WTI crude recently trading above $92 a barrel due to fresh OPEC+ supply concerns, the market is on edge. The CBOE Volatility Index (VIX) has also been elevated, climbing to over 19 last week, indicating significant market uncertainty.\n\nGiven this backdrop, derivative traders should consider strategies that profit from sharp moves rather than a specific direction. Buying straddles on NZD\/USD, for example, could be effective in capitalizing on the volatility expected from geopolitical headlines or surprising inflation data. This allows us to benefit from a significant price swing, regardless of whether it&#8217;s up or down.\n\nFor those with existing exposure, hedging against a sudden risk-off event is critical. Purchasing out-of-the-money put options on the NZD\/USD can provide cheap insurance against a sudden spike in the US Dollar. We must remember how the pair reacted to the modest improvement in the ADP employment report in 2025, showing its sensitivity to US labor data.\n\nThe inflation picture further complicates things, with the latest US CPI data for February 2026 coming in hotter than expected at 3.4%. This limits the Federal Reserve&#8217;s flexibility to respond to any new economic shocks. Therefore, we should be prepared for any oil price increases to translate quickly into broader market fears about persistent inflation and a hawkish Fed response.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>NZD\/USD rose to 0.5955 as dollar weakened; Trump remarks eased oil fears, while key data awaited.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30370","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30370"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30370\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}