Bloomberg: Australia Reaps Gains of Rate Pause as RBNZ Hawks See Kiwi Slide
With the tightening phase nearing its end, markets are starting to pay attention to growth, labor market trends, and commodity prices according to Peter Dragicevich, Currency Strategist, APAC, at Corpay Cross-Border Solutions. Dragicevich believes "On these metrics, we judge that the AUD should outperform the NZD."
Read more on Bloomberg here: https://www.bloomberg.com/news/articles/2023-04-18/australia-reaps-gains-of-rate-pause-as-rbnz-hawks-see-kiwi-slide?