 New Zealand Dollar falls notably during Asian session, triggered by the latest survey from the RBNZ, which revealed a further easing in inflation expectations. The implications of these findings have prompted traders to pare back the bets on the likelihood of more monetary tightening imminent meeting February. Australian Dollar is also dragged down by the Kiwi and trades as the second weakest for the moment. Meanwhile, Japanese Yen finds itself on the losing end as well, contributing to the extended rally in Nikkei, which soared to a new 34-year high, breaking past the 37,000 psychological level. On the contrary, Dollar stands out as the day's strongest performer for now, with the financial markets on edge for the upcoming US CPI data release. Analysts are forecasting deceleration in headline CPI from 3.4% to 2.9% in January, alongside minor decrease in core CPI from 3.9% to 3.8%. It should be emphasized that the broadening of disinflation from goods to services sectors remains a critical consideration for Fed. The pace and timing of rate rate cuts hinge on this data. Presently, Fed fund futures indicate a 57% likelihood of a rate cut by May, with the probability exceeding 90% by June... | 
