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


Kiwi Gains After Dovish Fed, But Shift in Stance from RBNZ Doubtful

The Reserve Bank of New Zealand’s decision in February sent the New Zealand Dollar on a four week decline across the board. It’s highly unlikely that RBNZ Governor Graeme Wheeler will alter his recently dovish tone at the RBNZ meeting this week, especially after Q4’16 GDP data came in at a slower pace than anticipated.
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Kiwi Continues to Fall Amid Dovish RBNZ, Rising Fed Hike Expectations


US Dollar (DXY) Hanging on by a Thread - What’s Next?


US Yields are Rising Again - So Why Isn’t the US Dollar?


DXY Index Technical Structure Erodes; GBP/USD Basing?


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


Forex Economic Calendar

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