AUD/NZD struggles; has NZD become less risk-sensitive?

Posted on April 14th, 2018

AUD/NZD has fallen back to 1.05 for the first time since July last year; do fundamentals justify this? Will it last? Below is our tour de force analysis of the pair covering rates, commodities, underlying fundamentals and exposure to China.  The pair has fallen well below what might be justified by interest rate spreads.  However, […]