NZD/USD Price Forecast: Faces pressure near 0.5700 in countdown to RBNZ policy

The NZD/USD pair is down 0.2% to near 0.5690 during the European trading session on Tuesday. The Kiwi pair faces selling pressure as the New Zealand Dollar (NZD) underperforms its peers ahead of the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision on Wednesday.