Forex High Impact News Trading | NZD| CPI (QoQ) (Q4) | 24 Jan 2018
HIgh volatility on the NZDUSD at the release of the CPI news data.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.