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NZD/USD Falls On Weaker Domestic CPI Read

Forex News: NZD/USD slips to 0.7627 vs 0.7642 pre 2Q CPI data on slightly lower domestic inflation number, says BNZ currency strategist Danica Hampton; "On balance, it was a bit of a downside surprise." Also notes that much of the inflation came from high food prices. Expects RBNZ to look through higher-than-expected headline number, data likely moves market closer to expecting a rate cut in July. Pair last at 0.7631




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