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
The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate hike from the U.S. Federal Reserve but wondered whether hints of...
A relatively quiet day in the FX market. The seemingly big move in NZD is only big in comparison to the other moves, which weren’t big at all...
Two big Reuters stories sent EUR higher. First, an article saying that the European Central Bank (ECB) was considering a larger-than-expected 50 bp...
The euro firmed to a one-week high on Monday, benefiting from the dollar's retreat after several Federal Reserve officials signaled they did no...
The euro was hovering just above parity with the U.S. dollar on Wednesday while traders focused on U.S. data due later in the session that is expec...
The RBNZ hiked rates 50 bps as expected and promised more. It kept a hawkish stance in the statement following the meeting, saying: The Commit...
The euro flattened on Monday, staying near a five-year low against the U.S. dollar, as investors sought safety in the greenback amid worries about ...
NZD was the clear winner today but it’s hard to explain why. The currency was plunging on Friday morning when I took the rates and continued ...
Brokers' Analytics
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is testing Tenkan-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. Th...
AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, AUDUSD is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the pric...
AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading above it, thus indicating an ascending tendency. In...
EURUSD, “Euro vs US Dollar” EURUSD is testing Tenkan-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets coul...
EURUSD, “Euro vs US Dollar” EURUSD is still rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascendin...
EURUSD, “Euro vs US Dollar” EURUSD is about to break the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating a...
AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, AUDUSD is trading inside the “oversold area”. In this case, the price is expected to break 0/8 and co...
EURUSD, “Euro vs US Dollar”EURUSD is testing the resistance area. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The mark...
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.