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EURNZD

EXCHANGE RATE OF EURNZD ON FOREX

EUR/NZD is a currency pair, which shows the ratio of the New Zealand dollar to the euro. In this pair, the euro is the base currency, and the New Zealand dollar is quoted. The analysis of the quotation shows the cost of the euro in New Zealand dollars. The state of the US dollar has a special impact on this pair. In addition, the bank interest rates, the state of economic sector, the cost of food and raw materials in countries and regions, the level of unemployment and gross domestic product affect the liquidity of the pair. It is possible to make correct forecast on this pair changes by analyzing the current position of the US dollar. The pair is not very popular in the market, as so as the economies of Europe and New Zealand are not stable.

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