Trade NZD/CAD with Fondex
Thinking of trading NZD/CAD?
- 1. The NZD/CAD would be considered a cross-rate currency as it is not directly related to the USD, and hence it can be a breath of fresh air for traders that want to stay away from dollar related economic events. 2. Unlike other countries, the Bank of Canada believes that the CAD should raise or drop depending on its inherent value, and hence, it does not intervene in the foreign markets since 1998.
Trading CFDs involves significant risk of loss