Trading the NZDUSD pair is influenced by the monetary policies of the Reserve Bank of New Zealand (RBNZ) and the US Federal Reserve (Fed). The value of this currency pair is shaped by macroeconomic factors such as inflation, economic growth and commodity prices, particularly New Zealand’s agricultural exports. Interest rate differentials between the US and New Zealand also affect the pair's movements.
For more information about the NZDUSD and strategies involving this pair, visit edu.deepmarketlevel.com.