The interest rate of the NZD is set by the Reserve Bank of New Zealand—now at 2%. The interest rate of the USD is set by the Federal Reserve System—at 0.5%. Therefore this pair is considered comfortable for carry trading. Remember that NZDUSD is a commodity pair sensitive to interest rates. Historically the NZD shows a positive correlation with AUDUSD.
Spreads and conditions
- 100 000 NZD
Most popular assets
1 day agoNZD/USD steady around 0.6500 following a 5% rally this week
1 day agoNZD/USD climbs further beyond 0.6500 mark, highest since late January
1 day agoNZD/USD Price Analysis: RSI divergence keeps sellers hopeful inside nearby rising channel
1 day agoNZD/USD awaits more clues near four-month high beyond 0.6450