RBA and RBNZ paths: what's your read on the two antipodean banks?

The RBA has held its cash rate at 4.35% (report) while the RBNZ raised its OCR to 2.75% (report). The two neighbours are on different paths.

RBA and RBNZ paths: what's your read on the two antipodean banks? — central bank rate path diagram
A central bank's policy rate path across recent meetings

Talk it through:

  • how the policy gap shapes AUD/NZD
  • which bank has more room to move, in your view
  • how China's demand fits both stories
RBA and RBNZ paths: what's your read on the two antipodean banks? — moving average crossover diagram
A fast moving average crossing a slower one

Background: commodity currencies.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…