NZD/USD Extends Gains for Second Straight Day as RBNZ's Hawkish Move Offsets Softer China CPI of 1.0%
() -- The New Zealand dollar extended its gains for the second straight day against the US dollar on Thursday, after the Reserve Bank of New Zealand raised the OCR 25bps to 2.50%, offsetting China's softer June Consumer Price Index at 1.0%, measured on a yearly basis, from 1.2% in May. The kiwi also holds support from