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NZD/USD: shows the price of one New Zealand dollar in USD. This currency pair is moderately popular among investors, its trading activity peaks during the Pacific trading session. Accounts for the 7% of total trading volume in Forex. The price depends on oil, metals and other raw materials. The New Zealand dollar rate is also influenced by the prices of consumer goods, of which New Zealand is a major exporter.
When trading NZD/USD, other factors should be taken into account, such as inflation, interest rate, GDP, consumer price indices, etc.
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