Commerzbank’s Volkmar Baur notes that the New Zealand Dollar (NZD) has underperformed the G10 since the war began, reflecting a dovish Reserve Bank of New Zealand (RBNZ) relative to the Reserve Bank of Australia (RBA).
NZD: Soft Labour Data Caps RBNZ Tightening – Commerzbank
Commerzbank’s Volkmar Baur notes that the New Zealand Dollar (NZD) has underperformed the G10 since the war began, reflecting a dovish Reserve Bank of New Zealand (RBNZ) relative to the Reserve Bank of Australia (RBA).