On 21 July, Stats NZ reported an acceleration in inflation: the Consumer Price Index rose 1.5% in the second quarter, while the annual inflation rate climbed to 4.1%, its highest level in more than two years and slightly above analysts’ consensus forecast of 4.0%. The increase was driven primarily by higher fuel prices amid tensions […]The post NZD/USD: Inflation Surge Meets Strong US Dollar Pressure appeared first on ActionForex.