Australian Financial Review: Here’s what the RBA might do after RBNZ’s latest cut

“The gap should continue to widen with the RBNZ set to deliver greater interest rate relief over 2025,” said Peter Dragicevich, a currency strategist at business payments company Corpay.

“We believe interest rate spreads and other drivers are pointing to a higher average AUD/NZD level over the next few quarters,” he said. Corpay forecasts the Australian dollar to rise towards $NZ1.13 by mid-2025. It is now at $NZ1.10. It has lifted 2.5 per cent this year. Read the article in the Australian Financial Review here: https://www.afr.com/markets/debt-markets/traders-dial-back-rate-bets-after-new-zealand-flags-fewer-cuts-20241127-p5ktst