• NZD/USD trying to hold onto territory north of 0.6000 as Kiwi catches a Monday bid.
• Further upside likely to remain constrained as investors await further input from RBNZ.
• US Dollar flows to dictate directional momentum with little meaningful data on the economic calendar for the Kiwi.

The NZD/USD caught an early morning bid on Monday, getting lifted into the 0.6000 handle, pushing the pair back into the top end of recent consolidation.

The Kiwi (NZD) has largely avoided broad-market safe haven flows for Monday, with the US Dollar seeing gains against the majority of the board.

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The Reserve Bank of New Zealand (RBNZ) was last seen holding steady on interest rates, but with a "higher-for-longer" narrative lean to the RBNZ's latest showings, investors will be looking ahead to more inflation figures from New Zealand, as well as the Kiwi's central bank next showing due in November.

It's a thin week for the Kiwi on the economic calendar, with Visitor Arrivals on Tuesday, final Food Price Index figures on Wednesday, and Business NZ's Purchasing Manager Index (PMI) slated for Thursday.

The US data docket is likely to be the main driver for the NZD/USD this week, with Wednesday bringing Producer Price Index (PPI) figures along with the latest Federal Reserve's (Fed) meeting minutes publishing; Thursday will follow up with a Consumer Price Index (CPI) release, and Friday will cap off the week with the Michigan Consumer Sentiment Index for October.

The US PPI is expected to tick upwards to 2.3% from 2.2%, while CPI is seen stepping down from 3.7% to 3.6%, and the Michigan sentiment index is expected to decline from 68.1 to 67.4