Fourth-quarter inflation numbers out of New Zealand are due at 21:45 GMT on Thursday, and forecasts point to a solid increase in the yearly CPI rate. If met, such a print would feed the narrative that the economy is getting its feet under it after a soft 2019, and further diminish the odds for the RBNZ to cut rates again in the coming months. That might help the kiwi recover somewhat, though the risks surrounding the currency seem increasingly asymmetric. [..]
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