Volume

NZD/USD

Hourly volume (MM Base Currency)

In the recent market conditions, the average volume for NZD/USD is highest around London close and New York open. This is similar to pre-COVID market conditions.
Volume in NZD/USD increases sharply between 14:00 and 15:00 GMT (going into London close and New York open) in the recent market conditions, relative to pre-COVID market conditions.
Volume in NZD/USD also drops off sharply between 18:00 and 19:00 GMT (going into New York close) in the recent market conditions, relative to pre-COVID market conditions.
We also notice an immediate and sharp drop in recent volume after London fixing hour (between 17:00 and 18:00 GMT), relative to pre-COVID market conditions.
In the recent period, the volume has generally decreased, relative to the COVID peak period.