NZ FinMin Robertson: To extend mortgage scheme by 6 months, to end March 2021

New Zealand (NZ), Finance Minister Grant Robertson announced on Monday, they will extend the mortgage deferral scheme, which was set to expire in September, by six months to now end March 2021.

Commenting on the wage subsidy extension, Robertson said that it will cover 470K jobs while costing the economy around NZD510 million.

On Friday, he said that the wage subsidies extension could cost the economy NZD1 billion.

NZD/USD back on the bids

NZD/USD picked up fresh bids on the above comments, heading back to test the 0.6550 level, up 0.07% on the day. The spot hit a low of 0.6527 in early trades.

Aug 17, 2020

EUR/CHF Price Analysis: Up 0.20% in Asia, but still stuck in a descending triangle

EUR/CHF is currently trading at 1.0781, representing a 0.20% gain in Asia. The pair, however, remains trapped in a descending triangle, as seen on the

Australia re-opens borders for international students from early September

Reuters is out with the latest headlines, citing that Australia has opened borders for international students from early September. Additional details