Case Study: AUD/NZD Post-RBNZ – Managing Two Plausible Swing Scenarios
The RBNZ held the OCR at 2.25% — expected — but the tone was the market mover. Governor Breman’s updated forecast track pushed the first potential hike to late 2026/early 2027, well short of the near-two-hikes-by-year-end that markets had priced in. The Kiwi sold off sharply across the board. For AUD/NZD, the setup is constructive:…