NZD/USD Hits One-Month High on Softer US Inflation Figures
() -- The New Zealand dollar rose to a one-month high of 0.5840 against the US dollar on Tuesday after softer-than-expected US June inflation data showed headline Consumer Price Index slowing to 3.5% in June from 4.2% May and monthly CPI falling 0.4% from 0.5%, weighing on the greenback. US companies hired an average o