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Hi, Seeing the increase in posts on various currency pairs, we have decided to start generic threads, this one being for less traded AUD & NZD pairs. All items related to these pairs should go in here, *unless* there is a specialized topic or question related to them. We will err on the side of caution and assume discussions on the pair should be in this thread. I hope this will keep the forums clean, discussions coherent and synchronized.
The New Zealand Dollar is the official currency of New Zealand, given value by the region’s central bank. The Dollar can be broken down into 100 cents and is considered to be a Dollar-block currency. Traders investing in the NZD currency hold an optimistic view of the country’s macro economic fundamentals and the value and allocation of the countries natural resources. The NZD tends to track commodity prices because of the country's exporting of natural resources.