New Zealand Producer Price Index - Output (QoQ) fell from previous 1.5% to -0.1% in 4Q

New Zealand Producer Price Index - Output (QoQ) fell from previous 1.5% to -0.1% in 4Q
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NZD/USD Price Analysis: Kiwi pulls back ahead of RBNZ decision

The New Zealand dollar faced selling pressure on Tuesday, dropping 0.58% agains the US Dollar to 0.5700 after last week’s rally saw the pair climb to its highest levels since late January above 0.5730.
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