Economic Spotlight: New Zealand and Australia’s Currencies Jul 27, 2020 Economic Spotlight: New Zealand and Australia’s Currencies By Erik Norland, Senior Economist, CME Group Highlights AUD is down 31% vs. USD since 2011, NZD is down 15%. NZD has outpaced AUD amid more robust growth, better export prices. NZD tracks EUR more closely than AUD due to export competitiveness. Interest rates in New Zealand and Australia are close to zero. Read article SEE MORE ANNOUNCEMENTS
