[an error occurred while processing this directive]
|
New Zealand Dollar /US Dollar (NZD/USD)
Written by Aboutcurrency
THE NZD/USD rate is composed of the New Zealand Dollar "base currency" and the US Dollar "quote currency".
The New Zealand Dollar/US Dollar (NZD/USD) rate reflects the relation of the New Zealand Dollar trading against the US Dollar (1 NZD per x USD). For instance, If the NZD/USD quotes at 1.1000, then 10,000 New Zealand Dollars would equal 11,000 US Dollars (because 10,000 x 1.1 = 11,000). This simply means that 1 New Zealand Dollar buys you 1.1 US dollars.
Trading Characteristics Of The NZD/USD
- One of the major currency pairs on the forex market.
- Typical forex broker spread: 3-4 pips
- Most active trading sessions: London and New York
- 5 Year Average Daily Range: 107 pips
- Who trades the New Zealand Dollar vs US Dollar? Central banks, financial institutions, retail traders,...
NZD/USD Forex Trading Tips:
- Recommended level of forex experience: Advanced
- Best trading sessions for daytraders: London and New York
- Worst times to trade: Holidays and before major economic news events
- Most common used NZD/USD forex charts: Daily, 4 Hour and 1 Hour
- Best forex brokers to trade NZD/USD: Click here >>>
- Forex trading strategies to trade New Zealand Dollar US Dollar: Click here >>>
- Best forex trading system to trade New Zealand Dollar US Dollar: Click here >>>
NZD/US Dollar Historical Chart
Top 3 Economic Events That Move NZD/USD
FOMC Rate Decision + Press Conference
RBNZ Rate Decision
US Employment (Non Farm Payrolls)
|
|
You Might Also Like:
[an error occurred while processing this directive]
|
|
[an error occurred while processing this directive]
[an error occurred while processing this directive]
