The New-Zealand Dollar goes back up to Feb 14 levels, reaching 0.635

While Friday ended at 0.6297, today, NZD/USD rallied above 0.635 for the first time in 2 months and gained 48 pips — now trading at 0.6346.

A look at other currencies also shows bullish price action as EUR/JPY is up 0.35%.

While the New-Zealand Dollar is up today, these currencies are lagging behind: GBP/NZD is trading around 1.9934 (down 127 pips). After ending Friday's session at 1.7498, EUR/NZD lost 106 pips and is trading around 1.7391.

Also worthy of note, New Zealand Electronic Card Retail Sales (MoM) (Apr) is expected today at 22:45 UTC. United States EIA Short-Term Energy Outlook scheduled to come out tomorrow at 16:00 UTC.

As things stand, the Kiwi is 13.13% away from a significant low of 0.5566 first set 6 months ago.