According to Jinshi, the New Zealand dollar NZD/USD consolidated at a low of 0.61 last week, but it may only be a matter of time before it appreciates again. Westpac Bank said that the currency pair has the potential to rise to 0.62 again. The hawkish shift of the Reserve Bank of New Zealand last week played a supporting role, and this week's US data will be important. The US PCE data for April, released on Friday, is expected to slow slightly. If the market pricing of the Fed and the Reserve Bank of New Zealand rate cuts is in line with expectations, then the New Zealand dollar may break through 0.62 in the September quarter.