Live chart for NZDUSD. Analyse the price action using the chart's 100+ technical indicators and 50+ drawings tools.
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The NZDUSD pair is the abbreviation for the New Zealand Dollar and U.S. Dollar. The pair is also called the "Kiwi". Together with the Australian Dollar and the Canadian Dollar, the NZD is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.). Along with the Australian Dollar, the NZD has been for many years a traditional vehicle for carry traders, which has made this currency also very sensitive to changes in interest rates. New Zealand is the world's 54th nation in terms of its GDP, which stands at around $181 billion. It is also 69th in the world based on PPP. The economy of New Zealand is highly dependent on trade, yet because it has only a small territory and is located a considerable distance from most of the other major players in the world economy, it is consistently faced with international trading challenges.