The market overview lets you quickly compare price movements on different timescales.
The overview shows three gauges, for the price movement during the last 60 minutes, 24 hours, and 5 days.
Each gauge shows the current price in relation to the high-low range (with prices). A gauge which is
mostly blue means that the current price is towards the top end of the range; orange means that the price
is towards the lower end of the range. The inner bar then shows the open price for the period, and the
corresponding % change.
Below the gauges are three simple candle charts, letting you compare short-term market activity on
the M5, M15 and H1 timeframes.
The NZDUSD pair is the abbreviation for the New Zealand Dollar and U.S. Dollar. The pair is also called the "Kiwi".
Together with the Australian Dollar and the Canadian Dollar, the NZD is a commodity currency, that is a currency
whose country's exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.). Along with the
Australian Dollar, the NZD has been for many years a traditional vehicle for carry traders, which has made this
currency also very sensitive to changes in interest rates. New Zealand is the world's 54th nation in terms of its GDP,
which stands at around $181 billion. It is also 69th in the world based on PPP. The economy of New Zealand is highly
dependent on trade, yet because it has only a small territory and is located a considerable distance from most of the
other major players in the world economy, it is consistently faced with international trading challenges.
Challenges