The kiwi falls sharply, helped along by what is shaping up to be a 'risk off' day, but mostly...
The kiwi falls sharply, helped along by what is shaping up to be a 'risk off' day, but mostly from a report showing diving inflation in New Zealand. The CPI rose just 0.8% last quarter after a 2.3% jump previously, giving the central bank room to keep rates low. Kiwi -1.4%, buying $0.7875. ETF: BNZ.
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