NZD/USD: Bullish bets on New Zealand dollar hit highest level since March

The NZD/USD is little changed today as investors react to the decision by the government to extend lockdown in Auckland. The pair is also reacting mildly to the disappointing retail sales numbers released earlier today. The pair is trading at 0.6540, which is slightly higher than last week’s low of 0.6490. New Zealand extends lockdown New Zealand was the first country to declare victory against the coronavirus illness in May. This victory led the New Zealand dollar to rise sharply against other currencies, including the euro and the US dollar. However, the country confirmed its first case in three months