NZ Dollar Recovers Despite Underwhelming Housing Data

Mar 29,2019 23:47   Source:Earnforex
The New Zealand dollar was recovering today after the previous sharp sell-off with the help of the market sentiment, which was somewhat improving as was demonstrated by gains of Asian stocks. The rebound was limited, though, and was nowhere near significant enough to erase the Wednesday’s huge losses. Domestic macroeconomic data was not helpful to the currency. The Statistics New Zealand reported that the seasonally adjusted number of building consents increased by 1.9% […]

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