NZDJPY chart by TradingView

NZD/JPY

This is the forex quote for the New Zealand Dollar vs. Japanese Yen exchange rate. NZD (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including NZD). Investors tend to favor carry trades at times of optimism about global economic performance and stability; they shun them at times of market stress. This makes NZD/JPY sensitive to swings in broad-based market sentiment trends. The pair is likewise responsive to economic news - both domestic and that of key trading partners (notably China) - that shapes expectations for Reserve Bank of New Zealand monetary policy.


News


Yen Crosses Power Higher on Risk Run, Have Dollar and Pound Turned?

For the S&P 500 and other US equity indexes, it perhaps an afterthought that the scale of gap and follow through Tuesday was more moderate than Monday's performance.
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NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite


Volatility vs Inevitability for USD/CAD, NZD/JPY, NZD/CAD


Near-term Setups in AUD/JPY & NZD/JPY


Webinar: Central Bank Weekly: RBNZ Hits NZD; What’s Next from ECB & Fed for EUR & USD?


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Analyst Picks

Michael Boutros

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in AUD/JPY & NZD/JPY
Expertise: Near-term Technicals
Average Time Frame of Trades: 1-3 Days


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