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New Zealand dollar dropping - here's why

Started by forex4you, Apr 21, 2022, 05:27 am

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New Zealand dollar dropping - here's why

The inflation data from NZ is here:


    New Zealand Q1 CPI +6.9% y/y (expected +7.1%)


There is more inflation data for Q1 due from NZ later:


    Here's the 'secret' data release the Reserve Bank of New Zealand will be watching today

(not a secret BTW)

NZD/USD is falling back after the CPI data:

Source: New Zealand dollar dropping - here's why

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