The Reserve Bank of New Zealand (RBNZ) is set to announce its monetary policy decision on Wednesday, with investor expectations that the RBNZ will maintain the interest rate at 5.50%. Furthermore, China's recent stimulus aimed at boosting the real estate sector has positively impacted the New Zealand dollar.

The U.S. Census Bureau revealed that new home sales in October plummeted by a significant 5.6% to $679,000. This data, coupled with the decreased Treasury yields, continues to weigh on the strength of the U.S. dollar.

Investors are still focused on the economic figures from the United States this Tuesday, particularly the disclosed housing price index and consumer confidence. Additionally, investors are anticipating deeper insights from Federal Reserve officials to gain a more comprehensive view of the economic trends and potential future interest rate adjustments.