EUR/NZD (EURNZD)
EUR/NZD is the exchange rate between the Euro (EUR) and the New Zealand Dollar (NZD): how many units of the New Zealand Dollar are needed to buy one unit of the Euro. EURNZD is a cross rate and is quoted without the US dollar.
The pair is driven mainly by monetary policy from the European Central Bank (ECB) and the Reserve Bank of New Zealand (RBNZ), together with inflation, interest rates, labour-market data, GDP, commodity prices and overall risk sentiment. Without the US dollar inside the pair, liquidity is thinner than in the majors and moves can be sharper.
This page collects EURNZD forecasts, technical analysis, economic-calendar events, key support and resistance levels, futures margin data and market statistics, updated on a regular basis.
Trading Specifications EUR/NZD
ℹ INFO
| Specification | Details |
|---|---|
| Symbol | EUR/NZD (EURNZD) |
| Asset Class | Forex Cross Currency Pair |
| Base Currency | Euro (EUR) |
| Quote Currency | New Zealand Dollar (NZD) |
| Min. Price Increment | 0.0001 (1 pip) |
| Trading Hours | 24 hours, Monday–Friday |
| Most Active Trading Period | London–New York overlap (approx. 12:00–16:00 UTC) |
| Key Market Drivers | the European Central Bank (ECB), the Reserve Bank of New Zealand (RBNZ), interest-rate differentials and global risk sentiment |
Marginal Data EUR/NZD
Margin
$4400
2026-10-08
Point Cost
$12.50
per 1 pp
Points
352 pp
margin / cost
Economic Calendar (High Impact Events) EUR/NZD
Current Week (05.10–11.10)
| Time | Event | Cur. | Actual | Forecast | Prev. | Eff. |
|---|---|---|---|---|---|---|
| 05.10 10:15 | S&P Global Services PMI | EUR | 57.1 | 57.8 | — | |
| 05.10 10:45 | S&P Global Services PMI | EUR | 54.1 | 55.2 | — | |
| 05.10 10:50 | S&P Global Services PMI | EUR | — | |||
| 05.10 10:55 | S&P Global Services PMI | EUR | — | |||
| 05.10 11:00 | S&P Global Services PMI | EUR | — | |||
| 05.10 12:00 | ECB Executive Board Member Schnabel Speech | EUR | — | |||
| 06.10 09:00 | Factory Orders m/m | EUR | -10.6% | 3.7% | 3.2% | — |
| 06.10 16:00 | ECB Executive Board Member Elderson Speech | EUR | — |
FAQ EUR/NZD
What is EUR/NZD?
EUR/NZD, also written as EURNZD, is the exchange rate between the Euro and the New Zealand Dollar — how many units of the New Zealand Dollar are needed to buy one Euro. It is a cross rate, so it does not contain the US dollar.
Why does EUR/NZD move?
The main long-term driver is the difference between the monetary policies of the European Central Bank (ECB) and the Reserve Bank of New Zealand (RBNZ). In the short term the pair reacts to inflation, employment and GDP releases, commodity prices and global risk sentiment.
Why is the interest-rate differential important?
When one central bank keeps rates higher than the other, assets in that currency usually look more attractive and capital tends to move towards it. A widening differential typically supports the higher-yielding currency, while a narrowing one works against it.
When is the most active trading period?
Liquidity in EUR/NZD is highest during the London–New York overlap, roughly 12:00–16:00 UTC, when spreads are usually tighter. Asian-session moves often react to data from New Zealand.
What data is published on this page?
The page collects EURNZD analysis, key support and resistance levels, economic-calendar events and futures margin data, and it is refreshed regularly.