NZD/USD goes up to 0.6157 after dipping down to 0.6116 earlier.
United States Building Permits (Oct) is next today at 13:30 UTC.
This move comes while some more positive signs for the New-Zealand Dollar are out as Crude Oil Inventories in United States fell short of market expectations (-440,000) with a reading of -5.4 million, continuing the decline from the previous figure of 3.92 million.
On the flip side, United States Core Retail Sales came out at 1.3%, better than analyst estimates of 0.4% and improving upon the previous reading of 0.1%.
Meanwhile, New Zealand PPI Input (QoQ) (Q3) came out at 0.8, while a consensus of analysts was expecting 2.6.
A look at other currencies also shows bullish price action as GBP/USD gained 0.28% and is currently trading at 1.195.
At the same time, EUR/JPY decreases 0.26% to trade around 144.57. EUR/GBP slides down 0.3% to trade around 0.8696.
Furthermore, the market is looking at United States Philadelphia Fed Manufacturing Index (Nov) is expected today at 13:30 UTC. United States Existing Home Sales (Oct) is expected tomorrow at 15:00 UTC. United States Building Permits (Oct) scheduled to come out today at 13:30 UTC.
The currency pair has been trending positively for about a month. After setting a supportive marker at 0.5566 around a month ago, the New-Zealand Dollar is now trading 10.45% above this level.