New Zealand Dollar/US Dollar Financial Spread Betting and Trading Guide with Charts and Prices
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NZD/USD Spread Betting Guide

NZD/USD Spread Betting



Where Can I Spread Bet on NZD/USD?


You can currently spread bet without paying any brokers' fees or commissions on NZD/USD, as well as a broad range of related spread trading markets, with firms such as:

NZD/USD Market Analysis and Trading News


Date Trading Update
19-Oct-17 [12:09pm] Updated New Zealand Dollar COT Report

The latest Commitments of Traders Report (COT) for the New Zealand Dollar has been released by the CFTC, please see our New Zealand Dollar COT report below.

Readers should note that we have also updated our Forex COT Summary Report.

Update by Gordon Childs, Editor, CleanFinancial
09-Oct-17 [12:48pm]

NZD/USD Daily Trading News

  • NZD/USD is currently trading at $0.70799.
  • In the last session, the market closed -$0.00109 (-0.15%) lower at $0.70685.
30 Minute Chart Analysis

Rising Forex Pair The forex market is trading above the 20-period MA of $0.70750 and above the 50-period MA of $0.70765.

1 Day Chart Analysis

Falling Forex Pair The currency pair is trading below the 20-DMA of $0.72137 and below the 50-DMA of $0.72336.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for NZD/USD?


The following CFD chart and prices gives readers a useful insight into the NZD/USD FX rate.


The above Plus500 chart usually follows the NZD/USD futures contract.

If you'd like access to live spread trading charts and prices for NZD/USD, you generally need a financial spread betting account.

In addition, a spreads account will let you access short-term daily prices. Note that accounts are normally dependent on status and suitability checks.

If your application is accepted then you can log in to study the charts and live prices. These are normally provided for free. So what's the catch? You could get the occasional sales call and/or email from your financial spread betting provider.

Of course, if you do decide to trade then be aware that spread betting and contracts for difference do involve a significant level of risk to your capital and you can incur losses that exceed your initial deposit.

Professional Level Charts for NZD/USD


Despite the fact that the charting packages differ from firm to firm, to aid your trading decisions, the charts generally come with valuable features, including:
  • Many different time periods - 3 minutes, 15 minutes, 2 hours etc.
  • Different display options - candle charts and line charts
  • Drawing features and options - trendlines, Fibonacci time zones, fans and arcs

Charts on Inter Trader also include more advanced features like:
  • BackTesting, Custom Indicators and Optimisation tools
  • Useful overlays - Bollinger Bands, Parabolic SAR, Envelopes etc.
  • A selection of indicators - Chaikin Money Flow, Relative Volatility Index, % Price Oscillator etc.
  • Automatic email alerts that trigger when your chosen market reaches a pre-determined price

Sample FinancialSpreads.com forex rate trading chart

NZD/USD Trading Guide - Example Chart


The financial spread betting firms in the following list offer users access to live trading prices/charts:
Advert: NZD/USD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on NZD/USD with Financial Spreads.


Where Can I Spread Bet on NZD/USD for Free?


Speculating always involves risk, however, if you want to open a completely free Demo Account, which lets you look at professional level charts and try out spread betting, please see below.

When deciding which trading option is right for you, also remember that spread trading in the UK is tax free*, i.e. there is no stamp duty, income tax or capital gains tax.

If you are trying to find a low cost financial spread betting platform then you should note that you can speculate on NZD/USD with zero commissions and no brokers' fees with firms such as:

Free Demo Account


Should you want to have a look at a free Practice Account to get to grips with financial spread betting, and markets such as the Dow Jones, USD/JPY, GBP/USD and NZD/USD, then you could always consider: The above spread trading firms currently offer a risk free Demo Account that lets investors apply trading orders, look at professional level charts and test new strategies.


How to Spread Bet on NZD/USD

How to Spread Bet on NZD/USD?


As with many financial markets, investors can spread bet on foreign exchange rates, such as NZD/USD, to rise or fall.

Looking at Capitalspreads, you can see they are currently valuing the NZD/USD Rolling Daily market at $0.81794 - $0.81814. This means you can put a spread bet on the NZD/USD pair:

  NZD/USD Trading Example Rising above $0.81814, or
  NZD/USD Spread Betting Example Falling below $0.81794

Whilst spread trading on NZD/USD you trade in x per point where a point is $0.00010 of the pairs movement. So, if you decide to risk 3 per point and NZD/USD moves 36.0 points then that would make a difference to your profits (or losses) of 108. 3 per point x $0.00360 = 3 per point x 36.0 points = 108.

Rolling Daily Foreign Exchange Markets

Be aware that this is a Rolling Daily Market and so in contrast with futures markets, there is no settlement date. If your position is still open at the end of the day, it will simply roll over to the next session.

If you do let your FX bet roll over then you will be charged a small overnight financing fee. You can learn more in our feature Rolling Daily Spread Betting.


NZD/USD Trading Example 1


Now, if you consider the spread of $0.81794 - $0.81814 and make the assumptions:
  • You have analysed the forex markets, and
  • You feel that the NZD/USD market will move higher than $0.81814
Then you might decide that you want to go long of the market at $0.81814 and invest, lets say, 2 per point.

So, you gain 2 for every point ($0.00010) that the NZD/USD rate increases above $0.81814. Nevertheless, you will make a loss of 2 for every point that the NZD/USD market goes below $0.81814.

Looking at this from another angle, if you were to buy a spread bet then your P&L is calculated by taking the difference between the final price of the market and the price you bought the market at. You then multiply that difference in price by your stake.

With this in mind, if after a few hours the forex rate rose then you might consider closing your spread bet in order to secure your profit.

If that happened then the spread, set by the spread betting company, could change to $0.82346 - $0.82366. In order to close your spread bet you would sell at $0.82346. As a result, with the same 2 stake you would make:

Profit / loss = (Final Level - Initial Level) x stake
Profit / loss = ($0.82346 - $0.81814) x 2 per point stake
Profit / loss = $0.00532 x 2 per point stake
Profit / loss = 53.2 points x 2 per point stake
Profit / loss = 106.40 profit

Trading currencies, by spread trading or otherwise, is not straightforward. In the above example, you had bet that the currency pair would go up. Naturally, the FX rate might go down.

If the NZD/USD rate began to drop then you could choose to close your spread bet to stop any further losses.

If the spread fell to $0.81344 - $0.81364 then this means you would settle/close your trade by selling at $0.81344. So your loss would be calculated as:

Profit / loss = (Final Level - Initial Level) x stake
Profit / loss = ($0.81344 - $0.81814) x 2 per point stake
Profit / loss = -$0.00470 x 2 per point stake
Profit / loss = -47.0 points x 2 per point stake
Profit / loss = -94.00 loss

Note: NZD/USD Rolling Daily spread correct as of 11-Sep-12.


Advert: NZD/USD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on NZD/USD with Financial Spreads.


How to Spread Bet on New Zealand Dollar - US Dollar

How to Spread Bet on New Zealand Dollar - US Dollar - Example 2


Looking at a spread trading site like Capital Spreads, we can see they have put the New Zealand Dollar - US Dollar Rolling Daily market at $0.82820 - $0.82840. As a result, an investor could spread trade on the New Zealand Dollar - US Dollar pair:

  New Zealand Dollar - US Dollar Trading Example Moving above $0.82840, or
  New Zealand Dollar - US Dollar Spread Trading Example Moving below $0.82820

When making a spread bet on New Zealand Dollar - US Dollar you trade in x per point where a point is $0.00010 of the pairs movement. So, if you staked 2 per point and New Zealand Dollar - US Dollar moves 33.0 points then that would change your P&L by 66. 2 per point x $0.00330 = 2 per point x 33.0 points = 66.

Now, if you continue with the spread of $0.82820 - $0.82840 and make the assumptions that:
  • You've completed your FX market analysis, and
  • Your analysis leads you to feel that the New Zealand Dollar - US Dollar rate will go higher than $0.82840
Then you could choose to buy at $0.82840 and invest 2 per point.

Therefore, you make a profit of 2 for every point ($0.00010) that the New Zealand Dollar - US Dollar rate rises above $0.82840. Nevertheless, it also means that you will lose 2 for every point that the New Zealand Dollar - US Dollar market moves lower than $0.82840.

Looked at another way, should you Buy a spread bet then your profits (or losses) are found by taking the difference between the final price of the market and the initial price you bought the market at. You then multiply that difference in price by your stake.

Therefore, if after a few days the forex rate moved higher then you might want to close your spread bet in order to guarantee your profit.

If that happened then the spread could change to $0.83461 - $0.83481. In order to close your trade you would sell at $0.83461. Accordingly, with the same 2 stake you would make:

Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = ($0.83461 - $0.82840) x 2 per point stake
Profit / loss = $0.00621 x 2 per point stake
Profit / loss = 62.1 points x 2 per point stake
Profit / loss = 124.20 profit

Speculating on forex, by spread betting or otherwise, may not go to plan. In the above example, you wanted the forex pair to increase. Naturally, it could fall.

If the New Zealand Dollar - US Dollar market weakened, against your expectations, then you could close your spread bet in order to limit your losses.

Should the market pull back to $0.82302 - $0.82322 then this means you would close your spread bet by selling at $0.82302. This would result in a loss of:

Profit / loss = (Closing Price - Initial Price) x stake
Profit / loss = ($0.82302 - $0.82840) x 2 per point stake
Profit / loss = -$0.00538 x 2 per point stake
Profit / loss = -53.8 points x 2 per point stake
Profit / loss = -107.60 loss

Note: New Zealand Dollar - US Dollar Rolling Daily market taken as of 18-Sep-12.


Advert: NZD/USD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on NZD/USD with Financial Spreads.


New Zealand Dollar Commitments of Traders Report - 10 Oct 2017 (i)


Futures Only Positions, CME , Code 112741, (Contracts of NZ$100,000) (i)

Reporting Firms (i) Non-Reportable Positions (i)
Non-Commercial (i)
Commercial (i) Total Reportable (i)
 
Commitments (i) Open (i) Interest Commitments
Long (i) Short (i) Spreads (i) Long Short Long Short Long Short
21,529 15,800 580 9,752 16,302 31,861 32,682 36,460 4,599 3,778
 
Changes from 3 Oct 2017 (i) Change in (i) Open Interest Changes from
Long Short Spreads Long Short Long Short Long Short
601 2,990 308 2,177 -944 3,086 2,354 2,285 -801 -69
 
Percent of Open Interest for Each Category of Trader (i)
Long Short Spreads Long Short Long Short   Long Short
59.0% 43.3% 1.6% 26.7% 44.7% 87.4% 89.6%   12.6% 10.4%
 
Number of Traders in Each Category (i) Total (i) Traders  
Long Short Spreads Long Short Long Short    
32 25 7 11 8 45 38 74    
 
Long/Short Commitments Ratios (i)   Long/Short Ratio
Ratio   Ratio Ratio   Ratio
1.4:1   1:1.7 1:1   1.2:1
 
Net Commitment Change (i)  
-2,389  

Also see:

Trading Risk Warning
'NZD/USD Spread Betting' edited by Jacob Wood, updated 19-Oct-17

For related articles also see:





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