AUD & NZD Leading The Pack: Where To Next?

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New Zealand CPI Misses but Bulls Remain Firm New Zealand CPI for Q2 came in weaker than expected at 1.7%, dropping from 2.2% previously. Weaker petrol prices were the main drag though there was also broad-based weakness indicating that inflation pressures in the housing market are yet to spread elsewhere. Breaking down the data Headline CPI was 0% on the quarter, undershooting expectation...

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