• NZD/USD +1.4% from Thur 0.5865 low on Iran hopes & hawkish RBNZ comments

• RBNZ policy committee member Gourley expects OCR hike sooner than later

• NZ government budget passes down budget light on fiscal stimulus

• Sources claim U.S. & Iran agree to extend ceasefire, Trump's approval needed

• Iran refutes agreement, which supposedly includes easing Hormuz restrictions

• U.S. Apr core PCE +0.2% m/m (poll +0.3%), +3.3% y/y (poll +3.3%)

• NZD extends beyond recent 0.5888 top, looks bound for 0.5991 resistance zone

• Range NZ 0.59295-455, support 0.5815 0.5680, resistance 0.5991 0.6012
NZD Daily 55-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)