English
Synopsis
EURNZD represents how much 1 Euro is worth in New Zealand dollars. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. The performance of this currency pair may be affected by factors related to economic developments in New Zealand and the European Union. Announcements such as interest rate decisions, GDP reports, and international trade agreements can all cause volatility in the pair. The monetary policies of major countries in the world, international balance of payments, policy changes in various countries, relative inflation rates, the world's macroeconomics, domestic interest rates, short-term government interventions and investors' expectations all the important factors may affect the market.
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.00956%
- Leverage 100X
- Swap Short (Daily)% -0.00417%
- Minimum Lot Size 0.01
- Spreads 0.00044
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
EUR/NZD
Day
-0.246%
FAILED
2025-07-19 04:30:09 (GMT+8)
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