ForexLive Asia FX news: NZD the big mover, CPI up, but there are buts

Forex news for Asia trading Thursday 20 April 2017
NZD was a big mover today, jumping on the release of New Zealand first quarter inflation data (NZ inflation data is only once a quarter). The q/q and y/y inflation headline came in higher than expected, the y/y jumped above the Reserve Bank of New Zealand target band mid-point for the first time in 5 years.