Both currencies represent countries with commodity-based economies. The major area of export for New Zealand is focused in the agricultural sector, while Canada stakes on crude oil and its export to the US. Before considering trading this pair, make sure to keep track of the markets of the commodities that both countries depend on as well as their trading partners.
Spreads and conditions
- Minimum spread
- 1.4
- Average spread
- 2.3
- Swap short (pips)
- -0.79
- Swap long (pips)
- -0.01
- Contract size
- 100 000 NZD
- Pip price (USD/LOT)
- 7.96
- Islamic acc fee (short)
- -0.79
- Islamic acc fee (long)
- -0.01