Slightly weaker but mostly flat: NZD/USD is currently trading at 0.6414 as it maintains an active range between 0.6367 and 0.6445.
United States ISM Non-Manufacturing PMI (Nov) is next today at 15:00 UTC.
Though the Kiwi has been dropping, other pairs have been performing better: having closed the previous session at 141.49, EUR/JPY is up 0.95% today to currently trade at around 142.83. Having closed the previous session at 134.27, USD/JPY is up 0.65% today to currently trade at around 135.14. Having closed the previous session at 165.04, GBP/JPY is up 0.62% today to currently trade at around 166.07.
Furthermore, New Zealand Retail Price Index is expected tomorrow at 14:30 UTC. United States ISM Non-Manufacturing PMI (Nov) is expected today at 15:00 UTC. United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 17:00 UTC.
The currency pair has been trending positively for about a month. The New-Zealand Dollar is now trading 15.25% away from its significant low of 0.5566 first tested a month ago.