nzd
usd

NZDUSD

1.2345
0.042%
Swap Short
1,94 Points
Swap Long
-8.23 Points
SELL
1.08491
BUY
1.08505
Low: 1.08491
Spread
High: 1.08505
NZDUSD Trading Chart
Past performance is not a guarantee or prediction of future performance.
Market Hours* Open Now
Closes on
Monday at 00:00
Volatility
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About NZDUSD
The NZDUSD pair represents the exchange rate between the New Zealand Dollar (NZD) and the US Dollar (USD). The NZD is influenced by commodity prices, especially agricultural exports, while the US Dollar is impacted by interest rates and economic conditions. NZDUSD tends to be impacted by shifts in global risk sentiment and economic data from both countries.
How to Trade NZDUSD
To trade NZDUSD effectively:
  • 1
    Analyze Commodity Prices
    Monitor global commodity markets, particularly agricultural products such as dairy, meat, and wool, as the New Zealand Dollar is heavily influenced by price movements in these sectors.
  • 2
    Track Economic Data
    Pay attention to key economic reports from both New Zealand and the US, such as GDP, inflation, and employment data, to understand the economic health of both countries.
  • 3
    Monitor Federal Reserve Policy
    Keep an eye on the Federal Reserve’s interest rate decisions and monetary policy, as these have a significant impact on the value of the US Dollar.
  • 4
    Set Risk Management
    Use stop-loss orders and position sizing to manage risk effectively, especially during times of heightened volatility or commodity price shifts.
NZDUSD can experience significant fluctuations due to shifts in global commodity prices or major economic events. Staying updated on both New Zealand’s economic conditions and the US Federal Reserve's policies is essential for successful trading.
Key Factors Affecting NZDUSD
Key factors influencing NZDUSD include:
  • Commodity 
    Prices
    The New Zealand Dollar is closely tied to global commodity prices, especially agricultural exports like dairy, meat, and wool, which can significantly impact NZDUSD.
  • Economic 
    Indicators
    Key economic data from both New Zealand and the US, including GDP, inflation, and employment figures, can influence NZDUSD’s movement.
  • Federal 
    Reserve
    The US Federal Reserve's interest rate decisions and monetary policy updates play a crucial role in determining the value of the US Dollar, which heavily influences NZDUSD.
FAQ - NZDUSD

NZDUSD is influenced by several key factors:

  • Commodity Prices: As New Zealand is a major exporter of dairy and agricultural products, commodity prices, particularly dairy, can have a significant impact on NZDUSD.
  • Interest Rates and Monetary Policy: The Reserve Bank of New Zealand’s (RBNZ) interest rate decisions and the policies of the Federal Reserve (Fed) play a crucial role in determining NZDUSD’s direction.
  • Global Economic Conditions: Economic conditions in both New Zealand and the U.S., including GDP growth, employment, and inflation, influence the NZDUSD exchange rate.

There are several benefits to trading NZDUSD:

  • Commodity Price Sensitivity: NZDUSD is highly sensitive to commodity price movements, especially in agricultural commodities like dairy, which are a major export of New Zealand.
  • Liquidity: NZDUSD is one of the most traded currency pairs, offering high liquidity and making it easier for traders to enter and exit positions.
  • Interest Rate Differentials: The difference between interest rates set by the Reserve Bank of New Zealand and the U.S. Federal Reserve can create profitable opportunities for traders.

Traders should be mindful of these risks when trading NZDUSD:

  • Commodity Volatility: Fluctuations in commodity prices, especially dairy products, can lead to unexpected movements in NZDUSD, adding volatility.
  • Monetary Policy Discrepancies: Divergence in monetary policies between the Reserve Bank of New Zealand and the Federal Reserve can cause significant volatility in NZDUSD.
  • Global Economic Shifts: Major shifts in global economic conditions or market sentiment can create volatility, causing large price movements in NZDUSD.
If you have more questions visit FAQ Page
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. It is important to fully understand the risks involved and seek independent advice if necessary. You should carefully consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. The value of your investment may go down as well as up.

Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
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