The Euro hasn't been excited about trading higher in recent months, but at the same time, there doesn't appear to be much more room for declines.
PRO
It's going to be an important week in the FX market, as the Euro trades back ...
PRO
Was nice to see the RBNZ's updated communication in its latest policy decision.
PRO
Focused on the AUDNZD positon today. The market didn't give us a good close l...
PRO
A welcome resurgence in demand for the Yen into the latter portion of the pre...
PRO
March has been tough for us, but the current exposure is looking very nice in...
PRO
Here's a review of the fundamentals, along with an update of the currency exp...
PRO
You can also find charts, news and analysis on many other currency pairs.
Explore Currency PairsThe Australian Dollar cross with the New Zealand Dollar (AUD/NZD) currency pair is often used when traders are looking to eliminate external fundamentals associated with both risk correlated currencies, so that they can isolate developments on the domestic fronts and progress within the respective economies.
Both the Australia and New Zealand economies are heavily reliant on exports. Australia is focused on shipping energy products and ferrous metals, while the New Zealand economy is driven off exports of wool, meat and dairy. So if you’re looking to eliminate risk associated with the broader global economy and just want to trade the two economies against one another, the AUDNZD cross rate is the way to go.
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