New Zealand’s dollar is set to face a challenging third quarter as external and domestic headwinds weigh on currency performance, according to Bloomberg and the Financial Post. Both outlets point to a resurgent U.S. dollar as a key factor, which typically makes non-USD currencies harder to sustain against the greenback. The reports also cite lingering effects from the energy shock associated with the Iran war. That shock continues to weigh on New Zealand’s domestic recovery, contributing to weaker growth expectations and limiting support for the currency. With these influences overlapping—global currency strength from the U.S. dollar and local economic drag from higher energy-related pressures—the NZ dollar is described as entering the quarter with limited momentum. The two sources provide the same overall assessment and focus on how the combination of stronger U.S. currency conditions and continued economic fallout from the earlier energy disruption is likely to keep the outlook subdued through the third quarter.