Kiwi and US dollar awaiting for interest rate decisions

NZD/USD declined sharply upon release of the weaker than expected
Consumer Price Index data. Inflation growth rose by 0.7% over Q3 (0.8%
expected) vs 1.5% in Q2, and resulting in the annual inflation rate
pulling back to 3.5% (3.6% expected) from its record high 4% y/y. The
slower inflation rate may ease some slight pressure off the Reserve
Bank of New Zealand (RBNZ) to hike rates later on. Despite that, the annual rate remains above RBNZ's target 1-3% band and..