NZD/USD losing downside momentum as NZ CPI awaited

One of the spotlights will turn to New Zealand's inflation data in the upcoming Asian session. Market are expecting quarterly CPI to rise 0.5% qoq in Q4, slowed from Q3's 1.8% qoq. Annually, CPI is expected to fall from 5.6% yoy to 4.7% yoy.

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New Zealand , ,November Monetary Policy Statement ,