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NZDUSD lost around 10 pips after the RBNZ's....>

KIWI
KIWI: NZDUSD lost around 10 pips after the RBNZ's latest 2 year inflation
expectation survey moderated to 2.01% from 2.11%, but the cross has now
recovered to deal at 0.7020.
- On the back of the release CIBC suggest that "lower inflation expectations
will allow the RBNZ to remain on hold", they prefer long AUDNZD as a result."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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