News

NZ PM Ardern: Travel bubble with some of the Australian states likely before year-end

A travel bubble between New Zealand and some of the Australian states could probably resume before the year-end, Prime Minister (PM) Jacinda Ardern said in an interview with state broadcaster TVNZ on Monday.  

Key quotes

When asked whether New Zealanders would be able to travel to at least some Australian regions before Christmas, she said: “It is possible.”

“What we would need to be assured of is that when Australia is saying ‘okay we’ve got a hotspot over here’ that the border around that hotspot means that people aren’t able to travel into the states where we are engaging with in trans-Tasman travel.”

Market reaction  

The above piece of news seems to bode well for the Antipodeans, as the Kiwi trades near-daily highs of 0.6562 while AUD/USD extends the bounce above 0.7050.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.