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EUR/NZD

Fundamentally balanced — the Euro and New Zealand Dollar score within 7 points of each other.

EUR Euro -6 Neutral · #5
vs
NZD New Zealand Dollar +2 Neutral · #4

On the Macro Currency Strength Meter, the Euro scores -6 and the New Zealand Dollar scores +2 — a gap of 7 points in favour of the New Zealand Dollar. The widest divergence is in positioning, which favours the Euro. With both currencies scoring similarly, the fundamental case here is broadly balanced.

Pillar comparison

Which currency wins each macro driver
DriverEURNZDEdge
Interest Rates -17 +11 NZD
Growth +1
Positioning +8 -56 EUR
Risk Mood -0 +39 NZD
Commodities +22 NZD
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