Australia TD Securities Inflation (YoY) climbed from previous 1.8% to 2% in December

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Jan 18, 2016

Australia TD Securities Inflation (MoM) up to 0.2% in December from previous 0.1%

NZD/USD recovering from opening bearish gap

NZD/USD has opened in early Asia rebounding after a test of the 0.64 handle when the price of oil weighed heavily on the commodity currencies. Oil has been pressured again and is extending its decline below $29 as Iran emerges from a decade of international sanctions.