New Zealand Dollar declines to near 0.5650 despite RBNZ hike bets

The NZD/USD pair loses momentum to near 0.5655 during the early European trading hour on Tuesday. The New Zealand Dollar (NZD) extends its downside to a three-month low against the US Dollar (USD) amid ongoingUS-Iran tensions. Traders will keep an eye on the Fedspeak later on Tuesday.