💱 EURNZD & STATISTICS
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ℹ️ The Euro versus the New Zealand Dollar. The New Zealand Dollar is the official currency of New Zealand, the Cook Islands, Tokelau, Niue, and the Pitcairn Islands. EURNZD is a volatile currency pair and should be traded with caution.
✅ New Zealand’s economy depends heavily on exports of commodities like wood, meat, fish, and dairy, making the NZD a commodity currency.
✅ The New Zealand dollar has historically had relatively high interest rates, which explains why the NZD is attractive to carry traders.



