🔴 Here are the most important developments:

• Inflation in both New Zealand and Britain is declining and weakening the two currencies against other currencies.

• But in New Zealand, the devil is in the details, so to speak.

• Whereas inflation was previously 0.4%, expected 0.7% and actual 0.6%, meaning that the negative came from the fact that the rise in inflation was less than expected.

• But in the end, we are talking about an increase compared to the previous, not a decline in inflation.

• Therefore, in the general framework, it will return to support the New Zealand against currencies later.

⬅️ As for the decline in inflation in Britain, it is real and very negative as well, as it is lower than the previous and expected together after its decline from 2.2% to 1.7%.

• As for the US dollar, it drew support from the decline in expectations of a strong interest rate cut after the improvement in jobs and the slowdown in the decline in inflation.