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19 May 2015

New Zealand RBNZ Inflation Expectations (YoY) up to 1.85% from previous 1.8%

FXStreet.com (Barcelona)
May 19, 2015

AUD/USD: RBA minutes-led selling breaks bullish trendline

The bullish trendline guiding the Australian/US Dollar short term bull trend since the mAY 5 RBA policy decision has been broken, a communication that sources of demand for the Aussie are on the retreat.
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May 19, 2015

RBNZ's 2y inflation exp for Q2 slightly better

RBNZ's 2 year inflation expectations for the first quarter of 2015 came in at 1.85% vs 1.8% prior and an inflation mid-point target of 2%. The data has somehow tamed the market's dovish view towards an immediate RBNZ rate cut in June.
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