Chat with us
Live Chat

Thinking of trading NZDUSD?

    1. The physical proximity and close trading relationship with Australia make of this a potential correlation with the AUD pairs. Therefore, those who are already trading the AUD could also double their exposure with the NZD/USD, also If you follow fundamental analysts and events such as the Dairy Index and Tourism you should definitely get involved with this pair. 2. New Zealand exports much of powder milk to China. Accordingly, any move in the Chinese economy, like GDP growth or slowing, is very significant, because when the demand for New Zealand products go up, the milk price will also increase, which will boost the NZD against its rivals. If you are a trader that follows the Chinese currency and events, you should definitely add this pair to your portfolio.
Start Trading

Trading CFDs involves significant risk of loss

Get daily trading signals

  • Shares/Indices
  • Forex
  • Gold/Oil
BUYSELL

Powered by
TradingCentral

Start Trading

Trading CFDs involves significant risk of loss

How would you like to trade NZDUSD?

Fondex cTrader features an impressive array of trading tools that can help you analyse the Forex market with efficiency and precision.
  • Tight spreads & reliable execution
  • 70+ pre-installed indicators
  • Custom indicators
  • 26 time frames
  • Live Sentiment data
  • Chart trading
  • Advanced Take Profit & Stop Loss
  • Depth of Market
TRADE MANUALLY

Trading involves risk of loss

Fondex cTrader’s Copy functionality enables you to copy strategies from other traders or provide signals and charge a fee.
  • Vast selection of strategies to copy
  • Efficient risk management
  • Can start and stop copying at your will
  • Flexible allocation of funds
  • Detailed performance reports
  • Full transparency & access to historical data
COPY

Trading involves risk of loss

Use cBots to monitor and trade multiple Forex pairs at the same time. When you use cBots to trade, an algorithm opens and closes your positions without any decision-making on your part.

For beginners:

  • Great choice of available cBots for various trading strategies and risk tolerance levels
  • Simple Plug and Play functionality

For advanced traders:

  • Ability to create your own cBot or custom indicator
AUTOMATE

Trading involves risk of loss

New Zealand Dollar has expanded its presence in the Forex Market, making the pair trade a total of almost 2% of the total turnover on the global market. Even though the New Zealand dollar has now climbed up to the 10th position in trading share over the last few years, the reason the pair is considered a major is because USD is involved in it. The pair is sometimes referred to as the Kiwi pair, what The economy of New Zealand is highly dependent on trade, yet because it has only a small territory and is located a considerable distance from most of the other major players in the world economy, it is consistently faced with international trading challenges. Its export key players are Australia with a 20% share and China. The New Zealand Pound was the official currency until the New Zealand Dollar was introduced in 1967.The NZD/USD is also a good pair for carry trades (trade in which an investor sells a currency that has a low rate of interest and purchases another with a higher yield one, profiting from the difference).

1. Due to its low margin, NZD/USD can be quite tricky to trade. This means that overtrading is a common problem, so this pair should only be traded by experienced investors, as those who are beginners in the Forex market may find that they experience unexpected losses when attempting to trade these currencies. 2. The main economic indicators that could affect the NZD/USD pair would be: Interest rate decision from the RBNZ, the GDP of both nations, CPI of both countries, the Producer Price Index, employment changes, trade balance and several political events such as trading news with Australia or China.