The New Zealand dollar rose to $0.569 on Friday, supported by a weaker US dollar as attention shifts to the upcoming release of delayed US economic reports following the end of the country’s longest government shutdown. Investors worry that the data may reveal a slowing US economy, which would strengthen the case for a Federal Reserve rate cut. The kiwi also found support from local data showing that New Zealand’s manufacturing sector expanded for a fourth straight month in October, driven by rising new orders and improved demand. However, upside for the currency remains limited amid expectations of a rate cut by the Reserve Bank of New Zealand later this month, reinforced by soft jobs data and a subdued inflation outlook. Markets are largely pricing in a 25bps rate cut, with a 10% chance of a larger 50bps move. For the week, the New Zealand dollar is up more than 1%, poised to snap a two-week losing streak.