Introduction The NZD/JPY Pair

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NZDJPY Pairs

The NZD/JPY (New Zealand dollar/Japanese Yen) is the relation of the New Zealand dollar against the Japanese Yen. The NZD/JPY cross currency gives one the possibility to convert New Zealand dollar’s directly into Japanese Yen’s (1 NZD per x JPY).

Forex Knowledge: Trading the NZD Dollar/Japanese Yen

  • Typical broker spread: 2.5-6 pips
  • Most active trading sessions: Euro and US session / NZD & JPY economic events
  • Most active trading hours: 5:00 GMT -18:30 GMT
  • Average daily range (high-low): 100 pips
  • Trading strategies to trade NZD/JPY: Click here
  • Recommended level of trading experience: Advanced
  • Value of one pip NZD/JPY: Variable

Economic Events That Move NZD/JPY

A. New Zealand

  • Gross Domestic Product (GDP)
  • ANZ Commodity Price Index
  • Retail Trade
  • RBNZ Rate Decision

B. JAPAN

  • Trade Balance
  • Merchandise Trade Balance Monthly
  • Gross Domestic Product Quarterly (GDP)
  • Tankan Survey
  • Tertiary Industry Index
  • Leading Economic Index
  • Consumer Price Index (CPI)
  • Domestic CGPI
  • BoJ Monetary Policy Meeting and Announcement
  • BOJ Monetary Policy Meeting Minutes
  • BoJ Monetary Policy Monthly Report