EURNZD mainly depends on the interest rates of the national banks and shifts in the US dollar rate. Make sure to consider those when trading this cross pair. Also, the New Zealand dollar (as well as the Australian dollar) rate is known as a proxy for the Chinese economic growth, and the latter is now experiencing significant changes due to new Chinese domestic economic policy and its relations shift with the US.
Spreads and conditions
- Minimum spread
- 0.9
- Average spread
- 2.5
- Swap short (pips)
- -9.20
- Swap long (pips)
- 1.90
- Contract size
- 100 000 EUR
- Pip price (USD/LOT)
- 6.69
- Islamic acc fee (short)
- -9.20
- Islamic acc fee (long)
- 1.90