Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

New Zealand Dollar vs US Dollar •NZDUSD•



This pairing represents the sum of U.S. Dollars (the quote currency) that is needed to equal the value of a New Zealand dollar (base currency). Trading the currency pair is also known as trading the "kiwi." Just like the USD/CAD, AUD/USD and NZD/USD, the NZDUSD is considered as a commodity pairing. This means that the pair's exchange rate is affected by the current market value of an underlying commodity. The NZD has benefitted in the past from a multi-decade commodity boom that saw its value soar so high that the Reserve Bank of New Zealand was forced to introduce devaluation measures in 2012. The NZDUSD is also influenced by the interest rate differential between the Reserve Bank of New Zealand (RBNZ) and the Federal Reserve (Fed).

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.