New Zealand dollar marked lower after data shows the economy is in contraction

<p>A huge miss on Q3 GDP in New Zealand:</p><ul><li><a href="https://www.forexlive.com/news/new-zealand-q3-gdp-03-qq-vs-02-expected-20231213/" target="_blank" rel="follow" data-article-link="true">New Zealand Q3 GDP -0.3% q/q (vs. +0.2% expected)</a></li></ul><p>After its big surge on the Federal Open Market Committee (FOMC) announcement the NZD lost some ground on the local data.</p><p>If you are in bed staring at your phone, here are the one minute bars to give you a bit of a picture of the pace of the move(s)</p>

This article was written by Eamonn Sheridan at www.forexlive.com.