Big miss on NZ CPI Q4 2017 CPI 0.1% vs 0.4% expected

New Zealand Inflation data for Q4 2017 on 24.01.2018

• Prior QOQ 0.5%
• CPI YOY for Q4 1.6% vs 1.9% expected, prior 1.9%

Big miss there , NZD plunges from 0.7435 to 0.7345 in the blink of an eye. I guess that shows the positioning was stretched in the pair.

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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