NZD/USD Trading Positions


The NZD/USD pair, also called the “Kiwi”, tells the trader how many US dollars (the quote currency) are needed to purchase one New Zealand dollar (the base currency). It is a commodity currency, that is a currency whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).

Important assets for NZD/USD

  • Currencies: AUD, CNY and YEN (Australia, China and Japan are important regional partners of New Zealand).
  • Commodities: First of, coal. New Zealand has extensive coal resources: coal accounts for about 10% of New Zealand’s primary energy (excluding transport fuels). Other important commodities are Silver and Iron Ore.
  • Bonds: GNZGB10 (New Zealand Govt Bond 10 Year) and AGB (debt securities issued by the Australian Government) and T-NOTE 10Y (10 year United States Treasury note).
  • Indices: NZX (New Zealand Exchange), ASX (Australian Securities Exchange) and Nikkei 225 (a stock market index for the Tokyo Stock Exchange).

Related Trading Position Post

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Setting Up A Commodity Trade

Using trading positions can tell when a trend is overextended or perhaps beginning. When trading Seasonal Patterns we would like to see the Commercial traders in alignment with the Seasonal Research. Considering the Commercials use the Commodity on a daily basis they most likely have created the Seasonal Pattern in the past.

Currency Trading Positions

The purpose of the Trading Positions table is to provide a glance of NZD/USD as to where our dedicated contributors are currently positioned. You can access the original analysis reports by clicking on each position.