NZ dollar eyes three-year low against Aussie as 50bps cut on table

The NZ economy contracted by 0.9% in the June quarter, far worse than expected. (Image: Getty)

Mon, 06 Oct 2025

The New Zealand dollar looks set to break through a three-year low against the Aussie, particularly as a 50-basis point cut on Wednesday looks more likely.The Kiwi was trading at 88.14 Australian cents late on Friday in Wellington.It recovered from the low of 87.56 Australian cents it touched after the Reserve Bank of Australia (RBA) held rates at 3.6% and struck a more hawkish tone relative to August early last week.The price action, “puts the 2022 low of 0.8703 in sight”, ANZ Bank said.Market pricing now implies a 35% chance of a...

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