NZD/USD is another FX pair that can be considered as a barometer for risk sentiment. It goes up when things look bright and goes down when things look bleak. In times of stress in the markets and higher volatility, we can generally see the NZD/USD pair falling as the market goes for the safety of the US Dollar and sells off the NZD. Generally, volatility increases in bad times and that’s why you can see the pair being even inversely correlated with the VIX index, which measures the expected volatility for the S&P500 Index which is another risk asset. There are two schools of thought among economists regarding the usage of tariffs.
Currency exchange rates are important for the respective countries. A weak currency can increase exports and thus growth because foreigners will have a stronger currency and more purchasing power leading to them demanding more goods and services from the country that has a weak currency. On the other hand, when the currency is too strong it increases imports and diminishes exports because foreigners will buy less goods and services because their purchasing power will be weaker. NZD/USD is also important as a global growth barometer much like the AUD as the NZD as a commodity currency is sensitive to global growth prospects and it depreciates when growth is expected to slowdown and appreciates when it’s expected to rise.
US Dollar and New Zealand Dollar events
During the run-up to the presidential election in November 2024, Donald Trump made it clear that he intends to use tariffs to support the US economy and American producers. In 2024, Mexico, China and Canada accounted for 42% of total US imports. In this period, Mexico stood out as the top exporter with $466.6 billion, according to the US Census Bureau.
NZD/USD Price Forecast: Sees more downside below 200-day EMA
Hence, Trump wants to focus on these three nations when imposing tariffs. He also plans to use the revenue generated through tariffs to lower personal income taxes. Tariffs are customs duties levied on certain merchandise imports or a category of products. Tariffs are designed to help local producers and manufacturers be more competitive in the market by providing a price advantage over similar goods that can be imported. Tariffs are widely used as tools of protectionism, along with trade barriers and import quotas.
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The NZD/USD currency pair, also called the “Kiwi”, tells the trader how many US dollars (the quote currency) are needed to purchase one New bitfinex review Zealand dollar (the base currency). 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.). The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
Key data points
The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Although tariffs and taxes both generate government revenue to fund public goods and services, they have several distinctions. Tariffs are prepaid at the port of entry, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and businesses, while tariffs are paid by importers.
NZD/USD Exchange rate
- To show this correlation, we can take the US ISM PMI, which is correlated with Global PMIs since the US is the biggest economy in the world and compare it with NZD/USD chart.
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So, you open the NZD/USD chart and use technical concepts like support and resistance, trendlines, Fibonacci ratios, indicators and so on to decide where to open a trade. For example, in the chart below you can see how you could use a simple breakout of the counter-trendline to enter a short position and hold it as long as you expected the fundamentals to be valid. You could place a stop loss above the most recent swing level, so your loss would be little and limited. This way you trade both in the direction of the fundamentals and you risk a little to make more than a little.
The Federal Reserve is also the most important central bank in the world. There are different ways you can display the exchange rate price movements on a chart. The most common ways include a line chart or a bar chart, but the most popular and used one is the candlestick chart.
Prices provided by TradingView are for reference only and are indicative. For accurate and real-time pricing, please refer to our trading platform. The best times to trade NZD/USD is during the European and North American Session. To hide/show event marks, right click anywhere on the chart, and select “Hide Marks On Bars”. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc. SPONSORED Discover the top brokers for trading EUR/USD in 2025.
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Though the New Zealand Dollar (NZD) is down against the US Dollar, its outlook is improving as the US-China trade truce will have an indirect support for the Kiwi economy. Meanwhile, growing expectations that the Reserve Bank of New Zealand (RBNZ) will cut interest rates further could limit the NZD’s upside. In a joint statement, the US and China have announced a 90-day pause on tariffs and lowered them by 115%. The truce between the world’s two largest powerhouses is expected to diminish elevated US consumer inflation expectations. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate.
New Zealand Dollar and US Dollar events
NZD/USD is very similar to AUD/USD and thus the same trading guidelines apply to kiwi as well. It can be a very good pair to trade when you have a monetary policy divergence between the two central banks backing the currencies, the Reserve Bank of New Zealand (RBNZ) for the NZD beaxy exchange review and the Federal Reserve (the Fed) for the USD. With this interactive tool, you can review the price of NZD/USD, analyze rate trends in real time, track the NZD/USD pair exchange rate in historic terms, and build your trading strategy to trade NZD/USD with leverage on PrimeXBT. The best way to trade currencies in general is to have a fundamental idea for direction, which is generally based on macroeconomics such as central bank’s monetary policy, growth, inflation and so on, and technical analysis for risk management. For example, let’s say that you view the global slowdown and aggressive Fed as a tailwind for the USD in general.
On the other hand, when there’s global growth USD weakens and currencies like NZD, AUD, CAD, EUR and so on appreciate against it. To show this correlation, we can take the US ISM PMI, which is correlated with Global PMIs since the US is the biggest economy in the world and compare it with NZD/USD chart. Below you can see how the changes in the ISM PMI (orange line) have an inverse correlation with NZD/USD (blue line). Thus, if you expect global growth to slow down, you may want to look more for shorts on NZD/USD and vice versa if you expect a stable or higher global growth.
Our currency rankings show that the most popular New Zealand Dollar exchange rate is the NZD to USD rate. Since you’ve just unblocked this person, you must wait 48 hours before renewing the block. Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion. This website is owned by PrimeXBT (PTY) LTD.PrimeXBT (PTY) LTD is an authorized financial services provider in South Africa with license number having its registered address at 180 Lancaster Road, Gordons Bay, Western Cape, 7140, South Africa. 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. The Infinite Node Foundation disclosed on Tuesday that it has acquired intellectual property (IP) rights for the non-fungible token (NFT) CryptoPunks collection from Yuga Labs.
The candlestick chart shows you instantly and in real time where the price has opened, closed and how much up and down it went on any given timeframe. Markets roared back to life as the US and China hit pause on their escalating trade war, with both sides emphasizing mutual respect and dignity. But it wasn’t the fine print that moved markets—it was the mood shift. Investors rushed back into risk assets, trade99 review betting that the worst might be behind us. Always choose a good, reputable, and regulated broker to avoid unnecessary problems. When you open a trading account with a broker, you will have to supply your KYC documents and, once approved, deposit money to be able to trade.
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