The NZD/USD sits a little lower this morning at 0.8220. Yesterday’s REINZ house price data did not provide any shocks to the market. The Stratified Home Price Index sustained a 9.9% rise in October. There was little else on the domestic agenda to drive the currency yesterday, although the NZD/USD traded with a downward bias, to sit just above 0.8220 this morning.
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BNZ
