Upwardly mobile the New-Zealand Dollar extends gains by 69 pips; closes session 1.14% higher

Yesterday at a glance: the Kiwi went up to 0.6138 yesterday, gaining 1.14%.

Meanwhile, United States Core PCE Price Index (YoY) (May) came out at 4.6, while a consensus of analysts was expecting 4.7. United States Core PCE Price Index (MoM) (May) released yesterday at 12:30 UTC with a figure of 0.3, while the previous figure was 0.4. United States CFTC S&P 500 speculative net positions released yesterday at 20:30 UTC with a figure of -208,300, while the previous figure was -239,300.

A look at other currencies also shows bullish price action as notably, GBP/USD rose 0.69% yesterday and closed at 1.261. GBP/CAD added 0.67% and closed around 1.671 yesterday.

At the same time, EUR/NZD drops 0.68% yesterday and closed at 1.79.

Also worthy of note, New Zealand Building Consents (MoM) (May) is expected tomorrow at 22:45 UTC.

The New-Zealand Dollar is now trading 6.62% away from its significant high of 0.65 first tested 4 months ago.