• NZD/USD up 0.3% on higher-than-expected New Zealand inflation

• Q2 inflation at 4.1% y/y, above analysts' forecasts of 4.0%

• Data reinforces expectations of further RBNZ rate hike

• Westpac expects further rate hikes at the Sept, December rate meetings

• NZD set for a retest of 0.5863, a one-month high; break opens 0.5900-10

• Support 0.5825-30, 0.5800-05; Asia range 0.5853-0.5859
NZD:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)