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AUD catching a tailwind bid alongside higher NZD (after NZ inflation report)

Eamonn Sheridan
17/10/2021 | 22:15 GMT

The New Zealand dollar is inching higher still after the CPI report:

  • New Zealand Q3 CPI 2.2% q/q (vs. expected 1.4% q/q)
  • NZD higher after the surging inflation report

AUD/USD not getting left behind - on approach to its Friday high:

The New Zealand dollar is inching higher still after the CPI report:

There is some positive news on reopening:

  • Australia's second-largest city to see an easing of coronavirus restrictions late this week

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