AUD/NZD can at times net out market mood swings, behaving as “risk neutral”. This allows it to focus more on Reserve Bank of Australia and New Zealand monetary policy bets.

Original source: https://www.dailyfx.com/forex/fundamental/article/special_report/2018/08/10/AUDNZD-Nets-Out-Market-Mood-Swings-Focus-On-RBA-RBNZ-Policy.html