CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks.Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
The NZD/USD rate tracks the price of the New Zealand dollar the base currency, against the US dollar, the counter currency. Monetary policy announcements of both the Reserve Bank of New Zealand and the US Federal Reserve will have an influence on this currency pair as well as the respective country's interest rates. This currency pair is informally known as the 'Kiwi' due to New Zealand's Kiwi-coin.