The New Zealand dollar fell to $0.571, ending a two day-gain as expectations for a swift resolution to the Middle East conflict waned. US President Donald Trump, in a prime-time address, offered little clarity on the path to ending the war he claimed would conclude soon, while warning that US forces could continue operations in Iran for the next two to three weeks. The RBNZ recently warned that rising oil prices, driven by the conflict, could push inflation higher and weigh on household spending. Governor Anna Breman noted that the central bank would look through short-term inflationary impacts but signaled that persistent energy-driven inflation could prompt future rate hikes. The central bank is expected to stand pat at its meeting next week, with the probability of a May rate hike falling sharply to 25% from 60% last week.