NZD/USD Slips for Fourth Day as RBNZ Inflation Expectations Ease
The New Zealand dollar stayed under pressure around 0.5840 after RBNZ two-year inflation expectations eased in Q3.
NZDUSD
The New Zealand dollar remained on the back foot during Asian trading on Thursday, with NZD/USD hovering near 0.5840 as it headed for a fourth consecutive daily decline.
Sentiment was dampened after the Reserve Bank of New Zealand's two-year inflation expectations measure eased quarter-on-quarter in the third quarter. The pair stayed subdued following the release.
- NZD/USD trading around 0.5840
- Fourth straight session of losses
- RBNZ Q3 two-year inflation expectations eased QoQ
Source: FXStreet Forex News