Thinking of trading AUD/NZD?
- 1. Factors influencing the pair remain to be focused on local events and news, rather than global. This could be a breath of fresh air for traders as their focus scope could see itself tighter, not having to worry about most of the global economic indicators. 2. This pair is considered a cross-currency pair, and hence it is neither related to the USD and their volatility. It is quite common to see traders investing heavily in these kind of pairs, as they can distance themselves from most of the events relating to the USD.
Trading CFDs involves significant risk of loss
How would you like to trade AUD/NZD?
- Tight spreads & reliable execution
- 70+ pre-installed indicators
- Custom indicators
- 26 time frames
- Live Sentiment data
- Chart trading
- Advanced Take Profit & Stop Loss
- Depth of Market
Trading CFDs involves significant risk of loss
- Vast selection of strategies to copy
- Efficient risk management
- Can start and stop copying at your will
- Flexible allocation of funds
- Detailed performance reports
- Full transparency & access to historical data
Trading CFDs involves significant risk of loss
For beginners:
- Great choice of available cBots for various trading strategies and risk tolerance levels
- Simple Plug and Play functionality
For advanced traders:
- Ability to create your own cBot or custom indicator
Trading CFDs involves significant risk of loss
Trade AUD/NZD with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.
1. Both of these countries are known for their large export history, something to keep in mind when trading this pair, is the fact that most of the commodities they trade are priced in USD. This adds an extra layer of complexity when analysing the potential price and direction of the pair. 2. Weather and harvest factors play an important role as Australia relies heavily on commodities in the form of metals and grains. Same goes for New Zealand, whose main industries include dairy, machinery, meat, wool and wood products. 3. Australia's close trade relationship with China, makes of its economic health a key factor for the currency's price. Any movement in its GDP and monetary policy will have a strong effect on the pair's direction.
Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.
For more information, please view the 'Risk Disclosure'