Frequently Asked Questions
What is the pip value for EUR/NZD?
One standard lot (100,000 units) on EUR/NZD has a pip value of approximately $10.00. The minimum price increment (tick) is 0.00001. A pip is typically the fourth decimal place for this pair, meaning 1 pip = 0.0001 for most pairs.
What time is EUR/NZD most active?
EUR/NZD sees its highest trading volume during the London session. Cross pairs like this one see their best liquidity during the overlap of their two currency sessions. Outside of those windows, spreads may widen and order book depth can decrease.
What economic events affect EUR/NZD most?
The most impactful events for EUR/NZD come from the EUR and NZD economies. ECB interest rate decisions and President Lagarde's press conferences are the euro's biggest volatility events. Eurozone flash PMIs and German Ifo business climate data also drive significant intraday moves. RBNZ Official Cash Rate announcements and the Monetary Policy Statement are closely watched. Global dairy auction results (GDT Price Index) can also move the Kiwi meaningfully. The upcoming events section above lists the specific releases scheduled in the next two weeks.