Reserve Bank of New Zealand inflation expectations: 1yr 2.15% (prior 2.05) 2yr 2.06 (2.12) ...Middle East

The RBNZ view 2 years as a reasonable time frame for monetary policy changes to impact the economy, hence it's the 2 year figure that policy makers pay the most attention to. Still, that jump for the 1 year won't go unonticed.

NZD is little changed. Its more responsive to global issues at present. When I say 'global issues' I mean what's coming out of Trump's mouth at given moment.

This article was written by Eamonn Sheridan at www.forexlive.com.

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