NZD/USD · New Zealand Dollar / US Dollar

## NZD/USD overview
NZD/USD is influenced by the RBNZ, dairy prices, China demand, global risk appetite and the USD cycle. NZD liquidity is lower than AUD and can move more abruptly during risk events.

## Trading risk
Spreads and slippage are usually higher than EUR/USD. Use smaller size and avoid chasing during thin liquidity.