NZD-JPY

NZD/JPY - New Zealand Dollar Japanese Yen

This pairing of the major Japanese Yen with the non-major New Zealand Dollar is an attractive carry trade, a strategy typically used during optimistic economic periods with good financial market stability. As this falls away during period of market stress the NZD/JPY pair is sensitive to overall market sentiment trends. News from their economies as well as those of key trading partners like China also cause fluctuations.

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