While accelerating its previous declines, AUD/NZD drops to 1.0030, down 0.31%, after the RBA Governor marked the current timing as extra-ordinary during early today.&nbsp;
 
NZD may continue to exhibit a bearish behavior as the RBNZ emphasizes that “Large Scale Asset Purchases of New Zealand Government bonds were the next best monetary tool available to the Committee,” and it seems as though Governor Adrian Orr and Co. will continue to push monetary policy into uncharted territory as the central bank also plans to “delay or slow down most of its regulatory initiatives for an initial period of six months.”&nbsp;

AUD/NZD Price Analysis

Dec 01 2020

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