NZD/CAD

Fundamentally balanced — the New Zealand Dollar and Canadian Dollar score within 4 points of each other.

On the Macro Currency Strength Meter, the New Zealand Dollar scores +2 and the Canadian Dollar scores +6 — a gap of 4 points in favour of the Canadian Dollar. The widest divergence is in positioning, which favours the Canadian Dollar. With both currencies scoring similarly, the fundamental case here is broadly balanced.