Markets, Mystics & Mayhem podcast: Ep46

Published on 02 September 2025

Adrian Lodge – Senior Financial Markets Dealer – is back on the pod (in familiar attire), and a lot has happened since last September. Back then, we were heading into the US election, central banks were at the start of the easing cycle, and the Kiwi dollar was climbing towards 64c. Today, tariffs dominate the headlines and uncertainty remains elevated.

The Kiwi loses flight. Helpful for some, headache for others

In all that, the Kiwi dollar has lost flight. But it’s a double-edged sword. A lower Kiwi is good news for exporters, not so much for importers. Adrian shares all the anecdotes he's hearing from his clients across the importer and exporter space, and how they're positioning themselves ahead of the coming summer months and into 2026.

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