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NZD/USD trades with mild losses to near 0.5950 on modest US Dollar strength

The NZD/USD pair trades with mild losses near 0.5960 during the early Asian trading hours on Friday. However, the potential downside for the pair might be limited amid encouraging Chinese trade data.
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US Dollar Index holds positive ground above 98.00 on report Waller favored to Chiar Fed

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to around 98.15, snapping the two-day losing streak during the Asian trading hours on Friday.
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