Thoughts on NZDCAD after latest CPI

Watching the $NZDCAD after the NZD CPI numbers came out. Feels like the market is still digesting what it means for RBNZ's next move. We saw a slight dip initially but it's holding around that 0.81504 level. I'm not seeing a massive rush to pile in or out, which tells me there's a lot of uncertainty about how persistent this inflation really is, and what the central bank's tolerance for it will be. Definitely keeping it on the watchlist for now, seeing if we get a clearer direction from other data points later this week.