• Pair underpinned by RBA vs RBNZ monetary policy outlooks
  
  
• AUD/NZD close to 1.03 vs last week's 1.0530 pre-RBNZ high
  
  
• 1.0284 is the multi-year low posted earlier this month (Mar 4/5)
  
  
• Interest rate futures indicate 40% probability of a rate cut of 25bp by RBA on Apr 7
  
  
• Rate futures indicate 10% chance of a cut of 25bp in RBNZ OCR on Apr 30