New Zealand Dollar / US Dollar · Major · live quote updated every 5 seconds
NZD/USD, the kiwi, sets the New Zealand dollar against the US dollar and is another commodity-sensitive major. It responds to dairy prices, New Zealand's flagship export, with the Global Dairy Trade auctions closely followed, as well as Reserve Bank of New Zealand policy and Chinese demand. Like the Aussie, it behaves as a risk-on currency, firming when sentiment is positive, and it often moves in step with AUD/USD. The kiwi is most active during the Asian and Sydney sessions. On ForexR you can track the live NZD/USD rate, use daily pivot points to set intraday levels, gauge expected range with ATR, and check trend on the multi-timeframe chart before entering. When you want live access to the market, KCM Trade is a regulated option.
Dairy prices, Reserve Bank of New Zealand policy, Chinese demand and broad risk sentiment drive it. The kiwi tends to strengthen when markets are risk-on.
New Zealand and Australia have closely linked, commodity-driven economies and share exposure to Chinese demand, so the kiwi and Aussie often move together.
Liquidity is best during the Asian and Sydney sessions, with additional movement around New Zealand data and the London overlap.
See the top tier-1, regulated forex brokers, reviewed independently by ForexR.
Compare brokers