NZD/AUD Transfer

ByDragana My Engine Lab

The New Zealand Dollar (NZD) has recovered all last week’s losses against the Australian Dollar (AUD) pushing higher over the week to 0.9175 (1.0900) levels a fresh 2025 high- from around 0.9075 (1.1020) The RBA cash rate Tuesday seems a distant memory now after all that’s happened with Trump’s “liberation Day” tariff talks. However, the RBA left their cash rate unchanged at 4.10% as expected. Underlying inflation has fallen over the last 2 years in line with forecasts and continues to return to the midpoint of the target band. The outlook remains uncertain for the Australian economy with China now paying a 54% tariff which could struggle to attract AUD buyers. Next week’s RBNZ cash rate will take centre stage with another 25-point cut predicted.

The current interbank midrate is: NZDAUD 0.9155 AUDNZD 1.0913
The interbank range this week has been: NZDAUD 0.9066- 0.9171 AUDNZD 1.0897- 1.1030

 

 

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