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
- 0.8
- Average spread
- 1
- Swap short (pips)
- -9.20
- Swap long (pips)
- 1.90
- Contract size
- 100 000 NZD
- Pip price (USD/LOT)
- 10.00
- Islamic acc fee (short)
- -9.20
- Islamic acc fee (long)
- 1.90
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Related news
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1 day agoNZD/USD steady around 0.6500 following a 5% rally this week
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1 day agoNZD/USD climbs further beyond 0.6500 mark, highest since late January
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1 day agoNZD/USD Price Analysis: RSI divergence keeps sellers hopeful inside nearby rising channel
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2 days agoNZD/USD awaits more clues near four-month high beyond 0.6450