New Zealand's decision on Wednesday to hold fire on a highly-anticipated rate hike is a reminder of the challenges major central banks face in their bid to step away from emergency stimulus while the coronavirus remains a threat to growth.
U.S. July retail sales data later on Tuesday could take on added significance after last week's University of Michigan survey showed consumer sentiment slumped to its lowest in a decade.
The Czech crown and the Hungarian forint will extend gains in the coming year as their central banks hike rates to curb inflation during the post-pandemic economic recovery, a Reuters poll showed on Thursday.