NZD/USD is aconsisting of the and the . In trading jargon, this pair is also known as the .
It shows how many US dollars (the) it costs to purchase one New Zealand dollar (the ).
The Kiwi is one of the seven major currency pairs that contain the US dollar and are the most traded pairs on the.
As currency pairs are affected by external factors that influence an individual currency value, the NZD/USD willaccording to the difference in set by the and the . For example, any intervention by the Reserve Bank of New Zealand in the markets aimed at strengthening the New Zealand doillar would be likely to see a rise in the value of the NZD/USD. Conversely, if the Fed takes action to strengthen the dollar by intervening in the markets the value of the NZD/USD would be likely to fall.
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