NZD/USD: inflation expectations has dropped

Forex analytics: Although retail sales in New Zealand had grown in Q$ (1.2% against the forecast of 1.4% and 1.5% in the previous quarter), the pair NZD/USD fell earlier this morning. According to reported released by the Reserve Bank of New Zealand, inflation expectations in Q1 was lower than in the previous quarter (1.6% against 1.9% in the previous quarter).Today, dairy auction results will become known. The ...