RBNZ Orr testifies before Parliament

The head of the Reserve Bank of New Zealand, Adrian Orr is testifying before the Finance and Expenditure Select Committee in Wellington. He didn't add much of relevance to what the market already knew and the NZD barely reacted to his words. Orr said that the currency is "remarkably well-behaved."  NZD/USD trades around 0.6870, little changed for a third consecutive day.