After closing the previous trading day at 0.6298, NZD/USD is up to 0.6352, which makes for a move of 0.87%/54 pips today.
United States Core PCE Price Index (MoM) (Oct) is next today at 13:30 UTC.
The Kiwi upside coincides with further encouraging market factors as United States Crude Oil Inventories published yesterday at 15:30 UTC came out at -12.58 million, falling short of the -2.76 million projections and continuing its decline from the previous -3.69 million figure.
Nevertheless, United States Pending Home Sales came out at -4.6%, better than analyst estimates of -5% and improving upon the previous reading of -8.7%.
At the same time, United States JOLTs Job Openings (Oct) released yesterday at 15:00 UTC with a figure of 10.33 million, while the previous figure was 10.69 million.
Other currencies are also rising as having closed the previous session at 1.6182, GBP/CAD is up 1.25% today to currently trade at around 1.6384. GBP/USD is up 1.03%.
While the Kiwi is up today, these currencies are lagging behind: USD/JPY dips 1.32% to trade around 136.26.
Positive indicators for the New-Zealand Dollar are expected going forward as United States Non Farm Payrolls expected to decline to 200,000 while its preceding data was 261,000, data will be available tomorrow at 13:30 UTC.
The market is looking forward to the release of new data: New Zealand RBNZ Gov Orr speech is expected tomorrow at 04:30 UTC. United States Core PCE Price Index (MoM) (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 13.14% above this level.