GBPNZD leads Kiwi slip after New Zealand CPI data
The New Zealand dollar slipped across the board after NZ CPI q/q on 21 October, with GBPNZD and EURNZD leading the move and smaller losses elsewhere.
The New Zealand dollar slipped across the board after NZ CPI q/q on 21 October, with GBPNZD and EURNZD leading the move and smaller losses elsewhere.
New Zealand's quarterly CPI prints at 21:45 UTC with a 0.8% forecast versus 1.5% prior. NZD/USD leads the kiwi pairs ahead of the release.
GBPUSD led a faint pound rise after UK CPI y/y at 06:00 UTC, firming versus the dollar, Singapore dollar and euro while flat against yen and franc.
Crypto leads the open as XTZ jumps 4.66% and Bitcoin holds above $82,800, while a softer dollar lifts sterling and palladium lags the metals.
UK CPI y/y lands at 06:00 UTC on 21 Oct, forecast 3.4% vs 3.1% prior. See how sterling crosses GBP/SEK, GBP/NZD and GBP/AUD are trading into it.
The dollar opens firm with USD/JPY at 158.49 as the DAX and FTSE both fall over 1.4%, while crypto's gains cluster in UNIUSD and Polkadot.
The UK Average Earnings Index lands at 06:00 UTC, with pay growth forecast at 3.8% versus 3.9% prior β the only scheduled release on the calendar for sterling.
Canada's CPI release barely moved the loonie on 19 October: USDCAD edged up while NZDCAD slipped almost as much, a muted, two-sided reaction.
Canada's CPI m/m lands at 12:30 UTC with a 0.2% forecast after -0.1%. See how EURCAD, GBPCAD and the loonie crosses are trading into the data.
Bank of England Governor Bailey speaks at 06:45 UTC on 17 October. GBP/AUD leads sterling pairs, up 1.03%, as markets watch the BOE tone.
Bitcoin Cash leads a green crypto board while the Australian dollar sags across every major cross; silver, oil and European indices also climb.
BOE Gov Bailey's remarks drew a muted sterling reaction on our feed: GBPAUD led with a 0.08% slip while GBPUSD edged up and crosses barely moved.