NZD/USD Long tradeNZD/USDOANDA:NZDUSDTrader_GeserBased on the latest NZD and USD macroeconomic data, I executed a NZD/USD long trade, risking 0.5% per position. NZD: Economic growth has stabilized (-0.2% → 0.0%), while inflation remains persistently high (5.2%–5.3%). Yield expectations have improved (2.7% → 3.0%). Although the RBNZ cut rates (2.50% → 2.25%), policy remains restrictive in real terms due to sticky inflation, limiting downside risk for NZD. USD: Labor market data remains weak (-105k vs +64k), inflation momentum is fading despite elevated headline CPI (4.4%–4.6%), and bond yields continue to compress (3.0% → 2.7% and 3.0% → 2.6%). The Fed’s rate cut (4.00% → 3.75%) confirms an ongoing easing bias, structurally weakening USD. From a relative inflation persistence and yield momentum standpoint, NZD strength versus USD is favored. The NZD/USD long aligns with macro direction, policy divergence, and disciplined risk management, with risk capped at 0.5%.