The New Zealand dollar rose on Tuesday, amid the country recovers from the coronavirus crisis that has been shattering global economies.

The New Zealand government announced that no new coronavirus cases had been reported for the tenth straight day, and all the infected have fully recovered and left hospitals.

Data showed today the building permits fell 6.5% in May, while the overseas trade index fell 0.7%, lower than forecasts of rising by 1.5%.

Otherwise, the US is still struggling the coronavirus crisis impact on its economy and society, and the continuing protests and riots in several US states.

This comes amid , and after the killing of an African-American citizen at the custody of the local police, which ignited state-wide protests and riots due to the incident's racist origins.

As of 16:55 GMT, NZD/USD rose 0.9% to 0.635, after hitting a high of 0.6367 and a low of 0.623.

The major US stock indices rose on Tuesday, despite the continuing protests and riots in several US states, and negative economic outlook.

This comes amid the coronavirus crisis, and after the killing of an African-American citizen at the custody of the local police, which ignited state-wide protests and riots due to the incident's racist origins.

The Congressional Budget Office has stressed that the coronavirus economic impact will linger, likely for another 10 years, leading to a drop by 3% in the US GDP between 2020 and 2030, which equals about $8 trillion losses from the economy.

As for stocks, Dow Jones rose 0.7% or 150 points to 25,623 as of 14:15 GMT, and S&P 500 rose 0.2% or 7 points to 3,063, while Nasdaq fell 3 points to 9,543.

Copper futures rose on Tuesday, after hitting a 3-month high earlier in Asian trade, amid strong demand from the world's largest industrial metals consumer, China.

However, analysts fear that global demand for industrial metals will be impacted by the escalating US-China tensions.

Protests and riots are continuing in the US after the killing of an African-American citizen at the hands of the local police due to the incident's racist origins.

Copper surged 0.7% to 44,560 yuan ($6,260.8) per tonne, after hit the highest since March 6 at 44,800 yuan during Asian trade.

The dollar index fell against a basket of currencies by 0.2% to 97.6 points as of 13:42 GMT, after it hit a high of 97.9 and a low of 97.4.

Copper July futures rose 0.5% to $2.48 per pound as of 13:36 GMT, after hitting a session-high of $2.49 and a low of $2.45.

The US dollar fell on Tuesday, hitting a 3-month low, and deepening its losses for the sixth straight day, as demand slowed due to the escalation of protests and riot in the US after the killing of George Floyd.

The dollar index fell 0.4% to the lowest since March 13 at 97.43 points, after opening at 97.84, and hit an intraday high of 97.91 .

The greenback lost 0.5% yesterday, its fifth daily loss, after fears eased about the tensions between the US and China over Hong Kong.

Most global stock markets continued to rally, as investors sentiment improved thanks to the continued major economies reopening measures and relaxing the coronavirus-lockdown, and hopes for a quick global economic recovery from the coronavirus impact. 

Large-scale protests and riots in the US escalated after the killing of the American citizen, George Floyd, who died in the Minneapolis police custody, after a white cop put him on the ground under his knee for about 9 minutes.

Should the protests and riot continue for a longer time, it's expected to weigh down further on the battered US economy that already suffers from the coronavirus impact.