AUD/USD consolidates gains to 0.6642 ahead of US CPI data at 1230 GMT

0.6642 was three-week high in Asia (before RBNZ cut interest rates)

US CPI forecast up 0.2% MM, 3.0% YY. Core CPI forecast up 0.2% MM, 3.2% YY

Softer than expected US CPI prints might inflate AUD/USD towards 0.67

AUD/NZD up to August high of 1.1040 following RBNZ rate reduction

Iron ore falls to one-year low (iron ore is big export earner for Australia)