NZD/USD Price Analysis: Posts fresh four-month high near 0.6220 after soft US Inflation report

The NZD/USD pair shoots to a four-month high near 0.6220 in Wednesday’s New York session.
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First Federal Reserve rate cut set to come in December despite slowing inflation – RBC

The US Consumer Price Index (CPI) fell to 3.3% in May from 3.4% in April.
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