Chart of price change NZD/USD
The NZDUSD trading instrument belongs to the major currency pairs and represents the relation of the New Zealand dollar to the US dollar. On a trading slang, the New Zealand dollar is called “kiwi” in honor of a bird of New Zealand living on open spaces. The trading symbol NZDUSD is one of the most popular tools in the international exchange market. The trading volume of the financial instrument the New Zealand dollar / the American dollar constitutes 1.6% of the exchange market turnover.
Economic news
Australian employment fell in March after an enormous gain the month before, while the jobless rate resumed its uptrend. Net employment dropped 6,6...
Inflation was reported lower for the U.K. but higher than the forecast. The slowdown in the fall in Britain’s inflation rate follows an accel...
The labour market in the U.K. still experiences wage growth. However, more people are dropping out of the workforce. Regular wages excluding bonuse...
U.S. retail sales increased more than expected in March, further evidence that the economy ended the first quarter on solid ground. Strong retail s...
The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a ...
The European Central Bank (ECB) kept interest rates at record highs yesterday but gave a clear signal that it may be preparing to proceed with cuts...
The U.S. inflation report yesterday shook the markets as it showed that U.S. consumer prices increased more than expected in March leading financia...
Winners vs Losers Silver and Gold remain on the top of the week’s winners list with 3.11% and 1.55% gains respectively. Silver gains reached ...
Brokers' Analytics
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the upper boundary of the descending channel. The pair is going inside the Ichimoku Cloud, which sugg...
AUDUSD, "Australian Dollar vs US Dollar" AUDUSD quotes have broken the 200-day Moving Average on D1 and rest above it, revealing the probability of an uptrend development. ...
EURUSD, “Euro vs US Dollar” EURUSD is rising within a bullish correction. The instrument is going inside the Ichimoku Cloud, which suggests a flat trend. A test of the up...
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has broken the support...
EURUSD, “Euro vs US Dollar” EURUSD has gained a foothold below the signal lines of the indicator. The pair is going below the Ichimoku Cloud, which suggests a bearish tre...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the indicator’s signal lines. The pair is going below the Ichimoku Cloud, which suggests a bearish tren...
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes have broken the 200-day Moving Average on D1 and are currently below it, which indicates the probability of a downt...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rising after a rebound from the support. The instrument is going below the Ichimoku Cloud, which suggests a bearish t...
Currency pair NZDUSD is a commodity currency, therefore, the greatest impact on it is made by the export of primary goods. Movement of the trading instrument quotes depend on fundamental factors, including the index of business activity and GDP, and also the decision of Royal bank of New Zealand and Fed. Also, it is necessary to pay attention to the Commodity Research Bureau's Futures Index, agricultural indicators and to economic data from the main trading partners — the USA, Australia and Japan.
The trading instrument differs in average volatility, quiet price maneuvers and, for this reason, approaches both beginners, so the professionals on the Forex market. The greatest efficiency while trading this currency pair NZDUSD is achieved by using medium-term and long-term trading strategies.