AUDNZD - Five Year Lows

[dingoNZ]

Thanks, make sense. If dairy prices are continuing to fall though, wouldn't that be putting downward pressure on the interest rate, rather than the next move upward as has been talked about? Surely the economy can't remain insulated from falling dairy prices forever.

I've tended to notice that the dairy prices are more of a 'lead' and ht economy tends to catch up 4-6 months after said events occur. Just from my historic observation