Trade NZD/USD with Fondex

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Trading Conditions
Daily Average Spread: 0.78
Leverage: 1:500
Lot Size: 100000 NZD
Min Lot Size: 0.01
Commission: $2.5 per $100K

Thinking of trading NZD/USD?

    1. The physical proximity and close trading relationship with Australia make of this a potential correlation with the AUD pairs. Therefore, those who are already trading the AUD could also double their exposure with the NZD/USD, also If you follow fundamental analysts and events such as the Dairy Index and Tourism you should definitely get involved with this pair. 2. New Zealand exports much of powder milk to China. Accordingly, any move in the Chinese economy, like GDP growth or slowing, is very significant, because when the demand for New Zealand products go up, the milk price will also increase, which will boost the NZD against its rivals. If you are a trader that follows the Chinese currency and events, you should definitely add this pair to your portfolio.
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