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Danica Hampton

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Expectations of tighter monetary policy in the U.S., Japan and Europe have been in stark contrast to expectations that the Reserve Bank will begin to ease.

The New Zealand dollar continues to find friends. The less negative tone of the most recent economic data and a growing realization the Reserve Bank will probably not be easing in the near term have lent support.

Some analysts are trying to dismiss the retail sales as an aberration but the market will have a reality check this week on the New Zealand rate outlook with the consumer prices index.

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