AUDNZD

The AUD/NZD currency combination, commonly called the ‘Aussie Kiwi’, retains a sizable following. It is less traded than many other pairs, and as a result, it tends to fluctuate more often than some of its AUD and NZD cross counterparts. Spreads are wide due to the medium-sized liquidity of the market which is suitable for strategies with the relatively high-risk threshold.

To make forecasts for AUD/NZD, you need to keep in mind a set of the most important factors that have the greatest impact on the quotes. First of all, stay up to date with the prices of raw materials, minerals, precious and non-ferrous metals, as well as agricultural products futures. All these commodities are very important to Australia and New Zealand. Then you need to mention the trade balances and economic indicators of both countries (GDP, inflation, level of business activity, etc).

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