• NZD/USD gathers strength around 0.6280 in Thursday’s early Asian session, up 0.57% on the day. 
• New Zealand’s Business confidence soars to the highest in a decade in a recent ANZ Business Outlook survey, boosting the Kiwi. 
• The second estimate of US Q2 GDP growth numbers will be closely watched. 

The NZD/USD pair gains momentum near 0.6280, the highest level since January 4, during the early Asian session on Thursday. The uptick of the New Zealand Dollar (NZD) is bolstered by firmer rate cut expectation from the Federal Reserve (Fed) and an encouraging New Zealand ANZ Business Outlook Survey. 

New Zealand’s Business confidence for August, as measured by the ANZ Business Outlook Survey climbed to its highest level in a decade. The headline confidence measure in the survey rose to 51.0 in August. While the expected own activity measure surges to a seven-year high of 37.0. ANZ chief economist Sharon Zollner commented that the survey "showed a flurry of optimism." This development boosts the Kiwi against the US Dollar (USD). 

The Fed Chair Jerome Powell said last week that the US central bank was ready to cut the interest rates. Meanwhile, Minneapolis Fed Neel Kashkari noted it was appropriate to discuss potentially cutting interest rates from as early as September due to a weakening labor market.