Kiwi rises as New Zealand records zero new coronavirus cases

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.