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NZ Dollar Mixed amid Uncertain Fundamentals

August 30, 2019 at 14:59 by Vladimir Vyun

All NZD denominationsThe New Zealand dollar was mixed today amid the uncertain market sentiment and negative domestic macroeconomic data.

Statistics New Zealand reported that the number of building consents fell 1.3% in July after dropping 4.0% in June. The two declines followed the strong 15% gain in May. Compared with the same period a year ago, building consents rose 8.0%.

NZD/USD traded about unchanged at 0.6308 as of 14:59 GMT today after falling to the daily low of 0.6289. NZD/JPY declined from 67.19 to 66.96.

If you have any questions, comments, or opinions regarding the New Zealand Dollar, feel free to post them using the commentary form below.

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