NZD higher after the surging inflation report

New Zealand Q3 inflation data post is here, a huge rise:

As noted in that post the y/y is the strongest in over 10 years while the q/q the strongest in more than 3 decades (excluding increases associated with value-added tax changes)

NZD/USD has risen further, its been sideways and then higher since the Reserve Bank of New Zealand rate hike earlier this month:

New Zealand Q3 inflation data post is here, a huge rise:

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