NZD/CADNZDCAD
0.841695+0.0020 (0.24%)
Instrument:
Forex
Leverageup to x20
Traders’ Sentiment
39%
61%
39%
 Buy
61%
 Sell
Traders’ Sentiment
39%
61%
39%
 Buy
61%
 Sell
Market open
Trading Hours and Conditions
Traders’ Sentiment
39%
61%
39%
 Buy
61%
 Sell
Traders’ Sentiment
39%
61%
39%
 Buy
61%
 Sell

NZD/CAD Analys NZDCAD Forex

As of 14/8/2017, the New Zealand Dollar has gained circa 5% against the US dollar on a YTD basis and is considered by many as one of the commodity currencies because of high commodity driven export policy of New Zealand (dairy). That should also mean it is highly dependent on commodity prices which have proven to be quite volatile. Additionally because of the tight relationship with Australia and China, a weaker growth in either economy could result to a negative impact on the country’s exports.
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.