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NZD/USD: One-month forecast raised to 0.70 following hotter-than-expected CPI – Rabobank

FXStreet.com
 2021-10-18

Cover picture for the articleNZD/USD spiked higher on the back of today’s strong CPI inflation release to test the 200 day-average at 0.7102 before pulling back. Accordingly, economists at Rabobank have upgraded their NZD/USD one-month forecast to 0.70 from 0.69. “This morning’s release of New Zealand Q3 CPI inflation data at a much...

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