Daily Alert: NZD still wearing yellow

  • NZD/USD has jumped another 1.1% over the past 24 hours to once again sit atop the overnight FX performance table.
  • Record high commodity export prices remain a key source of fundamental support for the NZD.
  • A new bill to amend the Resource Management Act, jointly announced yesterday by the Government and Opposition, introduces several measures to allow increased residential densification and development.

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