Bearish
AUD/NZD declines to 1.1945 amid RBNZ's hawkish stance and US inflation data
The Australian Dollar (AUD) weakened against the New Zealand Dollar (NZD), with the AUD/NZD pair closing at 1.1945, down 1.0% for the week ending July 17, 2026. This decline was driven by the Reserve Bank of New Zealand's (RBNZ) hawkish monetary policy outlook and a softer-than-expected US inflation reading, which led to a weaker US Dollar.
Key points
- RBNZ's hawkish policy outlook strengthens NZD against AUD
- US inflation data below expectations weakens USD, impacting AUD/NZD
- AUD/NZD pair ends the week at 1.1945, down 1.0%
Sources
AI-generated from public news sources. Not financial advice.
