NZD/USD slides towards 0.6300 on downbeat RBNZ inflation expectations, US CPI eyed – by anilpanchal7 NZDUSD RBNZ Fed Inflation RiskAppetite
justifies the mildly offbeat mood, as well as hawkish hopes from the US Federal Reserve ahead of the US Consumer Price Index for January.
Above all, the market’s anxiety before the key data/events and the fresh fears surrounding China seem to exert downside pressure on theDownbeat prints of the US inflation expectations contrast with the hawkish Fed speak to challenge the market moves. On the same line, hopes of positive surprise from the US inflation and fresh US-China jitters add strength to the mild pessimism.
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