The euro is expected to appreciate.
The euro gained after Germany's IFO measure of business confidence rose to a record in November.
Real estate data will be closely watched for signs of further cooling in the housing market.
Export growth lifted Germany's trade surplus in August to a seasonally adjusted 21.6 billion euros, beating the forecast.
Trading was relatively subdued with US markets closed for the Columbus Day holiday.
The NZ currency has underperformed against most of its major trading partners.
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