FX traders had their crystal ball out this morning it seems, correctly predicting the 0.2% inflation number 20 seconds or so before the data release (market expecting 0.0%). How efficient.

Attachment 8372

Smashed through the topside resistance of 0.7150, should be interesting to see how this trades over 24 hours with a Dairy auction overnight with futures indicating a lift in prices (on reduce volume) which should see the kiwi well bid.