EUR/NZD

Position volume


Client trades


The EUR/NZD spot figure concerns the trading relationship between the euro and the New Zealand dollar.

Economic data is the chief factor affecting the euro exchange rate, with information on gross domestic product (GDP), consumer price index and trade balance across the eurozone all having a significant impact.

Other crucial factors include the budget deficits of the 17 eurozone countries, which must remain under three per cent of GDP.

As the largest economy to use the single currency, Germany is the nation whose economic data has the largest impact on the euro exchange rate.

Known informally as the "Kiwi", as the flightless bird is a national symbol of New Zealand, the NZ dollar sits alongside the euro as one of the ten most traded currencies in the world.

As well as being used in New Zealand, it circulates in four other territories - the Cook Islands, Niue, Tokelau and the Pitcairn Islands.

Key factors influencing the value of the money include interest rates, trade balance, unemployment data, price inflation and GDP.

In addition, the NZ dollar can be moved by fluctuations in the ANZ Commodity Price Index and the Reserve Bank of New Zealand's interest rate decisions.

New Zealand is a net food exporter and its economy is strongly focused on tourism and agriculture, so major swings in these areas can also affect the currency's value.

Live Prices
Sell
Buy
Minimum spreads (pips): 1.8
Margin Requirements: 5%
Trading Hours:
Monday 00:01 - Friday 23:58

Begin trading today! Create an account by completing our form

Privacy Notice

At One Financial Markets we are committed to safeguarding your privacy.

Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.

Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.

Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.

By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.4% 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.

Back to top

Office network

One Financial Markets is the trading name of Axi Financial Services (UK) Ltd, a company registered in England with company number 6050593. Axi Financial Services (UK) Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201)

The information on this site is not directed at residents of the United States, Belgium, Poland or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

www.onefinancialmarkets.com is owned and operated by Axi Financial Services (UK) Ltd.

Award winning broker
We have been presented with a number of awards that recognise the quality of our service and dedication to our clients :

Best FSA Regulated Broker
Saudi Money Expo

Best Education Product
Saudi Money Expo

Best Broker - Online Trading
IAIR Awards

Best Institutional Broker
Saudi Money Expo

Best FX Services Broker
CN Forex

Top International
FX Broker 2015

Saudi Money Expo

Broker of the Year
Online Trading – Middle East

IAIR Awards

Best Forex
Customer Service 2018

JFEX Awards

We accept the following payment methods: