NZD/USD: New Zealand Dollar Jumps as Inflation Expectations Hits 1-Year High

The New Zealand dollar is in positive territory on Friday. In the European session, is trading at 0.5906, up 0.54% on the day. New Zealand’s two-year inflation expectations climbed to 2.29% in the second quarter, up from 2.06% in Q1, its highest level since last May. The survey also predicted that one-year inflation expectations would…

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