Thursday: UK and NZ inflation concerns
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Sticky UK inflation has dashed mid-year rate cut hopes. Strong domestic inflation in New Zealand is a concern for the central bank, but the ECB looks on track to start rate cuts in June. Oil is down 3% on global demand concerns.
In our bonus deep dive interview, ANZ’s Head of FX Research Mahjabeen Zaman details four reasons why the US dollar has been so strong in recent weeks.
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