FX Watch: NZD/JPY and EUR/NZD Setups for Hotter Than Expected NZ CPI

New Zealand is gearing up to print its quarterly CPI, and hotter than expected price pressures could stoke expectations for a more hawkish RBNZ. Here’s what I’m looking at on NZD/JPY and EUR/NZD in this scenario.

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FX Watch: NZD/JPY and EUR/NZD Setups for Hotter Than Expected NZ CPI

Some, not all, of the Monday morning gaps are filling. Oil, no. Equites, NO. FX, some.

Japanese Yen edges lower on renewed US–Iran tensions

FX Watch: NZD/JPY and EUR/NZD Setups for Hotter Than Expected NZ CPI

Some, not all, of the Monday morning gaps are filling. Oil, no. Equites, NO. FX, some.

Japanese Yen edges lower on renewed US–Iran tensions

Iran says U.S. violated ceasefire by firing at one of Iran’s commercial ships.

Correction ahead