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


Despite US Dollar Woes, AUD/USD & NZD/USD Begin Next Legs Lower

The DXY Index remains susceptible to further losses, but the commodity currency bloc may be in worse shape.
Continue Reading


NZD/JPY Range Break Targets Fresh Monthly Lows


Webinar: FX Week Ahead: Attention Turns to Asia-Pac for RBA & RBNZ


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


NZD/JPY Can Take Advantage of, But Not Dependent on Risk Appetite


Real Time News


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


Get Your Free Top Trading Opportunities Forecast

Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please fill out this field.
Please enter valid phone number
Please select a country

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

Your Forecast Is Headed to Your Inbox

Read more articles on DailyFX

An error occurred submitting your form.
Please try again later.

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous