Japanese Yen stays on the back foot despite hawkish BoJ expectations

USD/JPY extends its sideways movement below the 160 psychological mark on Tuesday as the US Dollar (USD) struggles to gain traction.
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New Zealand Dollar edges lower on US-Iran tensions as RBNZ hike expectations curb losses

NZD/USD retreats on Tuesday and trades around 0.5880 at the time of writing, down 0.38% on the day. The New Zealand Dollar (NZD) remains under pressure as mounting geopolitical tensions between the United States (US) and Iran fuel risk aversion and support demand for the US Dollar (USD).
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