RBNZ Wheeler highlights concerns over Auckland housing market

FXStreet (Bali) - Reserve Bank of New Zealand Governor Wheeler is appearing before the Finance Select Committee at NZ's parliament, noting that Auckland rents are increasing as market faces housing shortage, adding that low-deposit loan limits have reduced house inflation.

AUD/USD trips stops above 0.7850

AUD/USD has been able to break resistance at 0.7850, with the next key technical level at 0.7875/85, which converges with Feb 6 trend high and the 38.2% fibonnaci of the 0.83/7625 decline.
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