NZ PM Key: Kiwi has fallen faster-than-expected

FXStreet (Bali) - NZD/USD has seen a spike higher, in the tune of 30 pips, currently trading circa 0.6535/40 session high, following comments from New Zealand Prime Minister John Key, via Bloomberg, noting that the Kiwi has fallen faster than expected.

Additional headlines

Says NZ must not be gloomy about the economic outlook

NZ economy still growing at a good rate

Says lower interest rates will help support economy

Says New Zealand likely to have lower interest rates for longer