Brexit and Inflation Figures Put the Pound in the Spotlight

It’s was a busy start to the day on the economic calendar this morning. The Kiwi Dollar, Japanese Yen, and the Aussie Dollar were in action in the early part of the day. For the Kiwi Dollar In the 3rd quarter, the producer price input index rose by 0.6%, partially reversing a 1% decline from the 2nd quarter. Advertisement According to NZ Stats, In the 3-months to September, prices received by producers fell by 0.3%, while prices paid bounced back. Prices paid for rent and fuel were on the rise in the 3rd quarter. Petrol and diesel prices increased by 7.0% and by 9.2% respectively. The Kiwi Dollar moved from … (full story)

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