NZD/USD sits tight ahead of critical US CPI – by fx_ross NZDUSD DollarIndex Technical Analysis CPI Currencies
to 3.75% by December,'' analysts at TD Securities argued, given that the consensus is that CPI will have risen less in July by comparison to what June's reading showed, 9.1% vs. 8.8% expected whereas tomorrow's data is expected to come below 9%. 'The market needs to decide whether the slowing headline is more important than the sticky and strong core,'' analysts at TD Securities said. ''The USD remains sensitive to US data surprises.
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