Introduction The EUR/NZD Pair
|The EUR/NZD (Euro/New Zealand dollar) is the relation of the Euro against the New Zealand dollar. The EUR/NZD cross currency gives one the possibility to convert Euro’s directly into New Zealand dollar’s (1 EUR per x NZD).
Forex Knowledge: Trading the Euro/New Zealand dollar
- Typical broker spread: 2.3-13 pips
- Most active trading sessions: Euro and US session / EUR & NZD economic events
- Most active trading hours: 6:00 GMT -17:30 GMT
- Average daily range (high-low): 225 pips
- Trading strategies to trade EUR/NZD: Click here
- Recommended level of trading experience: Expert
- Value of one pip EUR/NZD: Variable
Economic Events That Move EUR/NZD
A. EURO-ZONE
- Trade Balance (Euro Zone)
- Gross Domestic Product (Euro Zone)
- Consumer Price Index (CPI) (Euro Zone)
- ZEW Survey (Euro Zone)
- ECB Rate Announcement and Press Conference
- Current Account (Germany)
- Trade Balance (Germany)
B. New Zealand
- Gross Domestic Product (GDP)
- ANZ Commodity Price Index
- Retail Trade
- RBNZ Rate Decision