NZ PM Ardern: Auckland alert level 3 to be extended by two weeks
|New Zealand Prime Minister Jacinda Ardern announced on Monday, the lockdown in the country’s largest city of Auckland will be extended by two weeks.
Earlier on, the local media reported that the government is considering tightening restrictions in Auckland again, on the lines of a 'circuit breaker' lockdown.
This comes as the South Pacific Island nation reports a rise in the covid cases, with 2.5% of its population having managed to vaccinate in a single day.
Market reaction
NZD/USD is retreating on these headlines, as it trades at 0.7073, up 0.14% on the day, as of writing. The spot jumped to five-month highs of 0.7105 after NZ CPI upside surprise, which brought the RBNZ rate hike expectations back into play.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.