The New Zealand dollar rose above $0.59 on Friday from the two-month low of $0.586 earlier in the session, halting six session of losses as a plunge for the greenback offset fresh US tariffs on New Zealand. Payrolls in the US were revised sharply lower and the unemployment rate rose despite a lower labor force. Meanwhile, US trade levies on New Zealand were raised to 15% from the 10% baseline announced in April. The new tariff rate, set to take effect next week, has fueled concerns about the outlook for New Zealand’s export-driven economy. Additionally, consumer confidence in New Zealand dropped in July, amid expectations of rising inflation. The kiwi still fell around 2% in this week.