AUD/NZD: Underperformance bias with RBA on hold – TD Securities

AUD/NZD: Underperformance bias with RBA on hold – TD Securities

Source: EODHD - https://www.fxstreet.com/news/aud-nzd-underperformance-bias-with-rba-on-hold-td-securities-202609291010
Published: Sep 29, 2026 6:10 AM

TD Securities' Macro Research maintains a negative stance on the Australian Dollar relative to the New Zealand Dollar following the Reserve Bank of Australia’s September decision. With the cash rate at 4.60% and no further hikes expected this year, they see AUD underperformance persisting.

Market context: This update is relevant to AUD traders, with AUDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.