New Zealand Dollar Hit Hard

The big move in FX on Tuesday has come in the Kiwi market, with the New Zealand Dollar getting hit hard as the New Zealand government announces measures to rein in the booming housing market.

The big move in FX on Tuesday has come in the Kiwi market, with the New Zealand Dollar getting hit hard as the New Zealand government announces measures to rein in the booming housing market. These measures will now allow for the RBNZ to keep policy lower for longer.

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