January 24, 2023 21:53 GMT
Firmer Post CPI Print
NZD
NZD/USD firmed in the immediate aftermath of this morning's Q4 CPI release.
- The pair printed a post data high of $0.6525, from $0.6499 pre release, before paring most of its gains to deal $0.6505/10
- AUD/NZD re-tested yesterday's low at $1.0804 before paring gains to deal unchanged.
- Headline CPI YoY rose 7.2% vs 7.1 exp, QoQ 1.4% vs 1.3% exp. Tradeable CPI QoQ rose 1.4% vs 0.8% exp and Non-Tradeable CPI QoQ rose 1.5% vs 1.7% expected
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