Forex Market Review (Asian Session) – Kiwi rallies as RBNZ signals faster inflation; aussie climbs on Chinese inflation
The kiwi recorded a strong rebound on late Wednesday, flying to a two-week high after the RBNZ left rates unchanged but raised expectations that future hikes might emerge earlier than anticipated. The aussie posted some gains early on Thursday as China, Australia’s main export partner, released stronger than projected annual CPI figures. As it was mainly expected, the […]