NZD/USD reverses Monday's recovery moves, pressured around intraday low. NZ Government removes tax relief over housing loan interest to tame the real-estate prices. Risk appetite worsens amid uncertainty over US debt limit, stimulus and China's Evergande. Fed Chairman Powell's testimony, headlines over stimulus and China will be important for fresh impulse. NZD/USD takes offers around 0.7000, down 0.25% intraday during early Tuesday. The kiwi pair fails to keep the previous day's rebound amid risk-off mood, also ignoring the New Zealand (NZ) government efforts to cool down the hot property prices.

https://www.fxstreet.com/news/nzd-usd-drops-back-to-07000-ignores-nz-push-to-cool-down-property-crisis-202109280122

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