Live and Historical NZD/USD Rates
This chart shows the value of the New Zealand dollar (NZD) against the value of the United States dollar (USD) – that is how many USD can purchase one NZD. USD is a major currency while NZD is not. Though together NZD/USD do not make a major pair, they do form a commodity pair.
Trade between New Zealand the US is very strong. Since the economy of New Zealand is very small relative to the US, traders usually profit best by watching for fluctuations in the kiwi dollar. At some periods, carry pairs have been possible between the two, such as in the early 2000’s. However, it is not generally very common to make carry trades on the pair. The greatest window of opportunity usually comes from agriculture prices. Another significant factor is the condition of the Australian and Japanese economies, since these are major trading partners for New Zealand.
Your capital is at risk
Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
||FSA, FSC||MT4, MT5, WebTrader, Proprietary Mobile App|
66% of retail CFD accounts lose money
66% of retail C...
||FSA SC||MetaTrader 4, Web Trader|
75% of clients lose money. Capital at risk.
||ASIC, CFTC, CIMA, FCA, FSA, IIRO, MAS, NFA, SFC||Advantage Web, AT Pro, MT4, WebTrader|
Your capital is at risk
Europe* CFDs ar...
||ASIC, FSA, FSB, MiFID||MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader|
The New Zealand Dollar
The New Zealand dollar is the official currency for five nations. The major exports that support New Zealand’s economy include services, food processing and agriculture. Unlike the US penny, and other micro-denominations, the smallest coin denomination in New Zealand is the 10 cent piece. NZD has a middle rating for most traded currencies with the consequence that it is heavily influenced by the way other currencies are traded and the interest rates other currencies have. As global markets fall, NZD pays the price with lower values and exchange rates. The primary trading partners are Australia and the US, though New Zealand also carries on moderate trade with Japan.
Latest NZDUSD Forex Chart News and Technical Analysis
The U.S. Dollar
The US dollar is the most common currency used internationally. Commodities like oil and gold are traded exclusively in USD. Interestingly, more US dollars are held outside of the United States than within it. The dollar’s value is very strictly controlled by the Federal Reserve. The major way USD is controlled is by raising and lowering lending interest rates. The American economy is dominated by the energy, manufacturing, and financial sectors. Despite its current strength and dominance in the world market, Alan Greenspan commented in 2007 that he believed a shift of power to the euro was entirely feasible.
Forextraders' Broker of the Month
ForexTime (FXTM) is an award-winning platform that certainly has the feeling of being set up by people who know what they are doing. The firm demonstrates an understanding of what helps traders make better returns, and its success can be measured by the fact that it's doubled the number of clients it supports in recent years. The fact that the broker has grown to have more than two million accounts suggests it is getting things right for clients.