FX Watch: NZD/CAD’s Potential Pullback Ahead of Canada and New Zealand’s CPI Reports

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The New Zealand dollar is gaining ground against its Canadian counterpart despite spotty Chinese data releases and subdued market risk appetite!

Will it lead to the pair hitting higher previous inflection points before both Canada and New Zealand print their inflation reports?

How might the releases affect NZD/CAD’s short-term downtrend anyway?

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