{
  "id": 16574242,
  "title": "Kiwi dollar holds steady ahead of RBNZ, Aussie awaits inflation test",
  "url": "https://urgent.news/2026/10/26/kiwi-dollar-holds-steady-ahead-of-rbnz-aussie-awaits-inflation-test",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T06:52:29.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40445967/kiwi-dollar-holds-steady-ahead-of-rbnz-aussie-awaits-inflation-test"
  },
  "original_language": "en",
  "account": "New Zealand's kiwi dollar remained stable on Monday as the Reserve Bank of New Zealand (RBNZ) prepared to potentially raise interest rates for a third time this year. In contrast, the Australian dollar awaited inflation data that could determine the fate of an imminent rate hike. The kiwi stood at $0.57, up 0.8% from the previous week, after a seven-week decline began in late August. The RBNZ, along with other major central banks, is meeting this week, with markets anticipating a third rate hike to 3.0% this year. Westpac economist Satish Ranchhod expects the RBNZ to raise rates again in December, leaving the possibility of additional hikes in February. Meanwhile, the Australian dollar held steady at $0.7030, having risen 1.3% last week. Resistance lies around the 200-day moving average of $0.7050, with support found amid hawkish comments from the Reserve Bank of Australia, which increased the probability of a fifth rate hike this year to 65%. The key factor will be the inflation report due on Wednesday, with forecasts pointing to a 1% increase in the trimmed mean inflation measure, slightly above the RBA's target range of 2% to 3%.",
  "summary": "SYDNEY: The kiwi dollar was little changed on Monday ahead of a central bank decision widely expected to see interest rates rise for a third time this year, while the Aussie awaited inflation data that could make or break the case for an imminent rate hike. The kiwi was steady at $0.57, after climbing 0.8% last week for a second weekly gain. That has partly offset a seven-week slide that began at…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}