NZ Dollar Slips on Soft Manufacturing Data

<p>The New Zealand dollar has reversed directions on Friday and recorded considerable losses. Currently, NZD/USD is trading at 0.7176, down 0.55% on the day. New Zealand CPI was stronger than expected in the fourth quarter of 2020. Inflation climbed 0.5%, well above the RBNZ forecast of 0.2%. Westpac Banking had forecast that CPI would remain [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/355195-nz-dollar-slips-on-soft-manufacturing-data/">NZ Dollar Slips on Soft Manufacturing Data</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>