Kiwi ripens against Aussie

Over the past two months NZD/AUD has rallied 7%, largely due to developments on the interest rate front.

Even as Australian data has generally been stronger than expected, the Reserve Bank of Australia (RBA) appears comfortable with current monetary policy settings, and we do not expect a rate hike until later in the year. In contrast, the Reserve Bank of New Zealand (RBNZ) delivered a 25 basis point hike to 5.75% in June, and the accompanying statement and bank forecasts imply a further

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: