NZD/USD losing downside momentum as NZ CPI awaited

<p><img width="573" height="302" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-nz1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>One of the spotlights will turn to New Zealand’s inflation data in the upcoming Asian session. Market are expecting quarterly CPI to rise 0.5% qoq in Q4, slowed from Q3’s 1.8% qoq. Annually, CPI is expected to fall from 5.6% yoy to 4.7% yoy. Should these predictions materialize, the results would fall significantly below RBNZ’s […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/536499-nzd-usd-losing-downside-momentum-as-nz-cpi-awaited/">NZD/USD losing downside momentum as NZ CPI awaited</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>