NZDAUD=X : Summary for NZD/AUD - Yahoo Finance

Together with the New Zealand Dollar and the Canadian Dollar, the AUD is a commodity currencythat is a currency whose country's exports are largely comprised of raw materials precious metals, oil, agriculture, etc.

The interest rates set by the Reserve Bank of Australia RBA have been among the highest of industrialized countries and the relatively high liquidity of the AUD has made it an attractive tool for carry traders looking for a currency with the highest yields.

These factors made the AUD very popular among currency traders. Australia is a big exporter to China and its economy and currency reflect any change in the situation in that country.

The prevailing view is that the Australian Dollar offers diversification benefits in a portfolio containing the major world currencies because of its greater exposure to Asian economies. This correlation with the Shanghai stock exchange is to be added to the correlation it has with gold. In the financial world, gold is viewed as a safe haven against inflation and it is one of the most traded commodities.

Australia's dependency on commodity mineral and farm exports has seen the Australian Dollar rally during global expansion periods and fall when mineral prices slumped, as commodities now account for most of its total exports. The AUD is under a free floating regime since Before that it was pegged to a group of currencies called the trade weighted index TWI.

Reserve Bank of Australia RBA that issues statements and decides on the interest rates of the country. Its president is Philip Lowe. Australian Government headed by Malcolm Turnbul and its Department of Finance whose minister is Mathias Cormann that implement policies that affect the economy of the country.

The US Government and its President Donald Trump: Fedthe Federal Reserve of the United States whose president is Janet Yellen. The Fed controls the monetary policy, through active duties such as managing interest rates, setting the reserve requirement, and offshore stock brokers singapore as a lender nonqualified stock options amt last resort to the banking sector during times of bank insolvency or financial crisis.

GDP Gross Domestic Productthe total market value of all final goods and services produced in a country. It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the AUD, while a low reading is negative.

Inflation measured by key indicators as the CPI Core Price Index and the PPI Production Price Indexwhich reflect changes in purchasing trends. Current Trade Balancea balance between exports and imports of total goods and services.

A positive value shows trade surplus, while a aud nzd exchange rate yahoo value shows trade deficit. If learn to trade forex online steady demand in exchange for AUD exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD. NZD and JPY New Zealand and Aud nzd exchange rate yahoo are important regional partners of Australia.

NZDAUD=X: Summary for NZD/AUD - Yahoo Finance

Gold, as explained above, but also Iron Ore and Natural Gas. This group also includes the following currency pairs: GACGB10 Australian Government Bonds Generic Yield 10 YearGNZGB10 New Zealand Government Bond 10 Year and T-NOTE 10Y 10 year United States Treasury note. All information on this page is subject to change.

Yahoo Finance - Business finance, stock market, quotes, news

The use of list of asx equity options website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.

Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management.

FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice.

FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Show navigation FXStreet User Settings.

LATEST FOREX NEWS Latest News Institutional Research. TOOLS Economic Calendar Interest Rates Market Hours. TOP EVENTS Nonfarm Payrolls FED BoC ECB BoE SNB BOJ RBA RBNZ.

SECTIONS Shows Schedule Become Premium. SECTIONS Forex Brokers Broker News Broker Spreads. TOOLS Live Chart Rates Table Trading Positions Forecast Poll. PREFERRED BROKERS IN YOUR LOCATION. Your assets have been added. CUSTOM Set by default. Add pairs to list.