The NZD/USD pair soared early Tuesday on the back of the strong Australian dollar after the RBA minutes came less dovish than expected. The New Zealand
On the other hand, the Kiwi advanced before the release of GDP numbers during the week, where it’s expected that the New Zealand economy will grow more than expected supported by the recovery in domestic demand.
On Wednesday at 21:45 GMT (Tuesday), New Zealand will issue the Current Account Balance for the third quarter, where the previous reading showed a deficit of NZ$0.921 billion.
The U.S. economy will release the Existing Home Sales for November at 15:00 GMT and it’s expected to advance 2.4% to 5.09 million from 4.97 million.
