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NZ confirms 40 new cases Of COVID-19

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New Zealand has confirmed 40 new cases Of COVID-19. 

NZD/USD and rates

Meanwhile, NZD/USD rose from 0.5620 to 0.5738 then steadied around 0.5705 overnight in less volatile FX markets.  As for rates, New Zealand interest rates closed lower yesterday after the RBNZ’s QE program of NZGB purchases was announced.

  • NZ Finance Minister: RBNZ can do more QE, different instruments

  • NZD/USD ignores comments from NZ FinMin, struggles to hold 0.5700

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