Kiwi climbs for first session in three versus greenback

The New Zealand dollar rose in Asian trade on track for the second weekly profit in a row against its US counterpart, ahead of US housing data and amid a lack thereof from New Zealand today. 

As of 04:48 GMT, NZD/USD rose 0.24% to 0.6560, with an intraday high at 0.6563, and a low at 0.6524. 

Now investors await US housing data, with existing home sales expected with a 0.9% drop to 5.29 million units, compared to no change in August. 

The Federal Reserve recently released the minutes of its September 25-26 meeting, at which the Federal Open Market Committee voted to increase interest rates by 25 basis points for the third time this year to just below 2.25% as expected, while carrying on plans to normalize the balance sheet. 

US President Donald Trump accused the Federal Reserve of causing a sharp correction in markets with its interest rate policy, considering it too strict and a "mistake".