Forex Cross
EUR/NZD — Euro / New Zealand Dollar
2.0 – 5.0 pips · 110 – 180 pips
EUR/NZD is a wide-range, thin-liquidity cross. Moves are large in pip terms but spreads are wide, so it suits swing and position traders only.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 100,000 EUR |
| Pip / tick value | 0.0001 → ca. 6 – 6.5 USD / 1.00 lot |
| Typical spread | 2.0 – 5.0 pips |
| Typical daily range | 110 – 180 pips |
| Best trading hours | London morning |
What moves this market
- ▸RBNZ policy surprises
- ▸ECB guidance
- ▸Risk sentiment through the NZD leg
Correlations to watch
- ▸High correlation to EUR/AUD
- ▸Inverse to NZD strength cycles
How traders approach it
- ▸Daily-chart swing positions
- ▸Mean reversion from stretched weekly extremes
- ▸Half-size entries because of spread costs
Typical mistakes
- ▸Intraday scalping — costs eat the edge
- ▸Confusing pip range with real profit potential
Related instruments
Analyse it in FX CURIO
Run an AI chart analysis on this instrument, size the position from your stop and check news and correlation risk before you click buy.