NZD/USD or NZD to USD or “Kiwi” is the Forex pair showing the price of the New Zealand Dollar against the US Dollar. NZD/USD is a pair part of the “Majors” group and one considered as carry trade due to the interest rates practiced by the Reserve Bank of New Zealand.
A particularity of NZD/USD price is that it is influenced by the evolution of agriculture and related prices (particularly dairy prices). So, trading and investing in this pair should take into consideration these factors.
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