In New Zealand, the key data releases are Q3 balance of payments and Q3 GDP. The latter is likely to rise, a payback for a soft H1. 

Business Confidence index and GT Dairy Auction are also due to release this week, the whole milk powder futures markets are likely to rise and the mid-year fiscal update is unlikly to bring any movements in market.

"We expect near-term resistance at 0.6790 to give way to a move higher to around 0.6900. The resultant policy divergence between the Fed and the RBNZ should push NZD/USD towards 0. 1 year ahead forecast is 0.62, based partly on the OCR being cut to 2.0%", says Westpac in a research note