The New Zealand Dollar (NZD) has strengthened above the 0.5850 mark against the US Dollar (USD) following the release of stronger economic data from New Zealand. This positive news has helped boost the NZD/USD pair in the foreign exchange market. Traders are keeping a close eye on these developments as they assess the impact on the currency pair’s performance. The recent uptick in the NZD/USD exchange rate is a reflection of the improved economic conditions in New Zealand, which has provided support for the New Zealand Dollar. Investors are closely monitoring the situation to see how the currency pair will continue to react to upcoming economic data releases.