New Zealand: Producer Price Index - Output (QoQ) (1Q): 0.8% vs -0.1%

Following recent surge in USD posting a fresh 20-month high yesterday at 84.09, “A pause may be due,” says Head of Rates and FX Strategy at Societe Generale, Vincent Chaigneau, “but recent moves confirm the shape of things to come: dollar gains will be far bigger in H2, as the Fed exit debate heats up,” he adds.