Its a kiwi kinda day - NZD outlook

Author: Eamonn Sheridan | Category: News

New Zealand Q2 CPI behind us:

Still to come is the RBNZ inflation number:
And, later … moments away! 0300GMT
This snippet now on the NZD via Westpac in NZ:
Week ahead: 
  • NZD/USD ... next target above is 0.6785 - the mid-April high. 
  • Most of the directional changes have been caused by the USD, rather than local NZ events, markets expecting a Fed easing cycle to start on 31 July. 
  • The next market-moving NZ events will be business and consumer confidence surveys on 31 July and 6 August, jobs data on 6 August, and RBNZ MPS on 7 August. 
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NZD up a touch following the data earlier:

New Zealand Q2 CPI behind us:
ForexLive
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