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AUD/NZD - RBA vs RBNZ outlooks weigh

  • 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 

 

  • Market Data
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