DislikedOn FA side, Australia's interest rate is 1.5% so room to lower rates compared to other countries some negative Reserve Bank of Australia (RBA) is under pressure to keep interest rates low partly due to real estate bubble (mostly housing,apartments). With these issues in mind and the stronger US Dollar. A biases towards lower AUD could be argued.Ignored
RBA is in NO pressure to lower their interest rates BUT they are talking down their currency whenever they get the chance...
the same (more or less) is with the RBNZ but in their case they have a "traffic light" system (which they have publicly admitted that they use or going to use whenever they think is appropriate)
RBA has the same system as per RBNZ but never admitted lately of using (but they have used in the past and mentioned about it)
although both of the CB are "cousins" and one "follows" the other in "sympathy" bare in mind that both countries are "different"....
more over RBAs new governor is more hawkish in his comments and stance
in my belief this is due to better commodity prices lately and also because they have seen that rate cuts whenever introduced produce the opposite of whats expected.