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


NZD/JPY Inside Bar

The NZD/JPY is consolidating with a daily inside bar pattern.
Continue Reading


What Would Keep A Bear From Building Into a USDJPY Short?


Conviction in Risk Amid High Volatility


Forex Strategy Video: Liquidity Can Leverage USDJPY Break Into Yen Cross Tumble


No Rest for the Weary as Commodity FX Slide Continues


Real Time News


Analyst Picks

Walker England   

Forex Trading Instructor

My Picks: NZD/JPY Pending Breakout
Expertise: Technical Analysis
Average Time Frame of Trades : 1Day-1Week


Sign Up For a Practice Account and Receive Your Free Top Trading Opportunities of 2016
First Name
Last Name
E-Mail
Phone Number
Country

Confirmation

Thank you for your request
You will receive your Forecast by email shortly.

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous