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 hour agoNZD/USD pulls away from weekly highs, continues to trade above 0.6600
10 hours agoNZD/USD Price Analysis: Probes short-term key resistance near 0.6625
14 hours agoBreaking: New Zealand Q4 CPI: YoY 1.9% / QoQ 0.5% (NZD bullish)
14 hours agoNZD/USD nears the weekly high of 0.6625 after New Zealand’s upbeat CPI