We've had data from New Zealand earlier:
Nothing there to deter the RBNZ from further easing. Not bullish for kiwi.
We've had data from Oz also:
The data was in line with market and RBA expectations.
AUD and NZD have been notable lowers. In the absence of other news I'm putting it down to the diminishing prospects of Fed rate cuts given inflation in the pipeline:
But ... thats only one possible narrative I guess.
