NZD/USD


traders view logo Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

NEW ZEALAND DOLLAR / US DOLLAR Trading

This currency pair measures how much 1 New Zealand Dollar is worth in US Dollars. The different sides of this currency pair can be affected by various factors such as central bank interest rate decisions, economic growth reports, and general market trends. Since New Zealand’s economy is heavily dependent on dairy exports, reports relating to the performance of this industry could also create currency volatility.

History of NZD USD Trading

New Zealand currency has a long history of over 160 years. The NZD is the official currency of New Zealand and is represented by the symbol $ or NZ$. New Zealand back in the 1800s used its banknotes and coins before British currency was even legal currency.

The US dollar caught up in the early 1920s, and by 1944, with the conception of the Bretton-Woods monetary system, the pound to dollar exchange rate was pegged at £1:$4.03. In 1971, the Britain pound became a free-floating currency as the Bretton-Woods system failed. Simultaneously the US dollar became free-floating, and the US decided to drop the gold standard.

NZD/USD Trading FAQs

While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the NZD/USD whenever the currency pair is more volatile. From midnight to 02:00 a.m GMT, 06:00 a.m. to 08:00 a.m. GMT and then the most active part of the day is between 12:00 p.m. and 17:00 p.m. GMT. The NZD/USD is also sometimes active from 21:00 p.m. through to 02:00 a.m. GMT.

Why Trade NZD/USD with FP Markets? An Australian-regulated forex & CFD broker
go long or short
Go Long or Short

Increase your ability to profit in
all market conditions
Leverage options up to 20:1

direct market access
Direct Market Access (DMA) Execution

Real-time, transparent share prices
Control, Functionality and deep liquidity
Full Market depth & see your orders in the queue

advanced platforms
Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with
superior client portal

24/5 Multilingual customer support
24/5 Multilingual
Customer Support

Award winning support &
personal account managers

global exposure
Global Exposure

Low margins and competitive commission
+10,000 products on global stocks
across 4 continents

earn dividends
Earn Dividends

On long positions
No ownership of physical
shares necessary

Start Trading
in Minutes

bullet Access 10,000+ financial instruments
bullet Auto open & close positions
bullet News & economic calendar
bullet Technical indicators & charts
bullet Many more tools included

By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.




Source - cache | Page ID - 178

Get instant Updates in Telegram