Our best spreads and conditions
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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
- Minimum spread
- 0.6
- Average spread
- 1.4
- Swap short (pips)
- -0.92
- Swap long (pips)
- 0.19
- Contract size
- 100 000 NZD
- Pip price (USD/LOT)
- 10.00
- Islamic acc fee (short)
- -0.92
- Islamic acc fee (long)
- 0.19
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Related news
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1 day agoNZD/USD fluctuates below 0.64 as markets wait for fresh US-China trade developments
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2 days agoNZD/USD seesaws around 0.6375 after Business NZ PMI, trade hopes renew
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2 days agoNZD/USD technical analysis: Bears challenging 0.6375 confluence support