The New Zealand dollar rose to around $0.589 on Friday, extending gains from the previous session as the U.S. dollar weakened after Federal Reserve Governor Christopher Waller said he would support keeping interest rates unchanged if inflation pressures continued to ease. The remarks prompted investors to reduce bets on a Federal Reserve rate hike later this month. Traders are awaiting U.S. jobs data due later Friday for further signals on the central bank’s policy outlook. The Reserve Bank of New Zealand, the country’s central bank, raised interest rates for a second consecutive meeting earlier this week but indicated a less aggressive path for additional tightening. Traders increasingly expect the bank to hold rates at its October meeting, limiting the New Zealand dollar’s upside. Despite the recent gains, the currency is down 0.5% this week and is on track for a second straight weekly loss.