EURNZD
Market is open. Closes in 108h 32m
Euro vs New Zealand Dollar
2.04974
-0.0051
(-0.25%)
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
4.2 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
100% |
|
Long swap, points
|
-23.64 |
|
Short swap, points
|
-8.04 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
EUR |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 108h 32m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
Description
The EURNZD pair represents the exchange rate between the euro (EUR) and the New Zealand dollar (NZD), where EUR is the base currency and NZD is the quote currency. This rate indicates how many New Zealand dollars are required to buy one euro.
Factors influencing EURNZD:
- Economic performance of the Eurozone and New Zealand: Reports on GDP growth, inflation, and employment can drive changes in the exchange rate.
- Monetary policy: The European Central Bank (ECB) and the Reserve Bank of New Zealand (RBNZ) set interest rates and other monetary policies that influence the pair.
- Trade relationships: As a trade-sensitive pair, changes in international trade dynamics between the Eurozone and Asia-Pacific can affect the exchange rate.
- Commodity exposure: New Zealand’s reliance on commodity exports makes its currency sensitive to price changes in global markets.
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