NZD/CADNZDCAD
0.849985-0.0047 (-0.55%)
Instrument:
Forex
Leverageup to x100
Traders’ Sentiment
37%
63%
37%
 Buy
63%
 Sell
Traders’ Sentiment
37%
63%
37%
 Buy
63%
 Sell
Market open
Trading Hours and Conditions
Traders’ Sentiment
37%
63%
37%
 Buy
63%
 Sell
Traders’ Sentiment
37%
63%
37%
 Buy
63%
 Sell

NZD/CAD Análisis 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
The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.