The AUD/NZD pair is approaching a major bullish breakout above 1.1470, driven by the RBNZ’s unexpectedly dovish stance and a widening AU–NZ yield spread. The RBNZ delivered a larger 50-bps rate cut, signalling openness to further easing to boost demand. Meanwhile, strengthening Australian yields and momentum indicators suggest potential for further upside, with 1.1510 as the next resistance in the short term.
08-10-2025 05:54 GMT
by Kelvin Wong