New Zealand Producer Price Index - Output (QoQ) below forecasts (1.3%) in 1Q: Actual (0.3%)

May 18, 2023

GBP/USD eyes 1.2500 as UK Inflation shows no evidence of ditching double-digit territory

The GBP/USD pair has gauged an intermediate support around 1.2480 after a mild correction and is looking to reclaim the psychological resistance of 1.

New Zealand Producer Price Index - Output (QoQ) below forecasts (1.3%) in 1Q: Actual (0.3%)

GBP/USD eyes 1.2500 as UK Inflation shows no evidence of ditching double-digit territory

New Zealand Producer Price Index - Input (QoQ) registered at 0.2%, below expectations (1.5%) in 1Q