About Nzd-Cad and Nzd-Cad Trading
What type of currency pair is NZD/CAD?
The NZD/CAD is a minor currency pair, as it consists of a major currency (CAD - Canadian Dollar) and another currency (NZD – New Zealand Dollar).
The Canadian Dollar is the quote currency, and the New Zealand Dollar is the base currency. The NZD/CAD currency pair shows traders how much the NZD is worth when compared to the CAD.
Drivers for the NZD/CAD currency pair
The NZD/CAD pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth.
How can you trade the NZD/CAD currency pair?
At CAPEX.com you can follow the NZD/CAD live chart to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the NZD/CAD pair?
Here at CAPEX.com you can trade the NZD/CAD pair from Sunday to Friday, between 21:05-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.