NZD/USD made some headway in the late afternoon, trading to 0.6869,
piggy-backing off the stronger AUD & EUR, but fell sharply from those levels to
0.6835/40, on the NZ Radio news that NZ might consider a mortgage levy to cool
the strong housing market.
The mortgage levy news saw AUD/NZD rally sharply from 1.1370, breaking 1.1400 to
trade to 1.1420. NZD/JPY fell from 83.25 to session lows of 82.76 on the news. |