NZD JPY Exchange Rate

trading on margin

Data is calculated to the nearest 1%, and updated automatically every 15 minutes. This is a visual representation of the price action in the market, over a certain period of time. Hi, I’m a new to trading and could really use some advice on strategies, if you open to sharing some of your knowledge kindly let me know I will highly appreciate it. A Forex Profit Calculator is useful to simulate how much money and pips a trading position represents, quantitatively, if the position is closed in profit or loss. It works by simulating a trading position opened and closed at specific values, and will display the results of the potential profit or loss in money and in pips. Information about the NZD JPY (New Zealand Dollar vs. Japanese Yen) is available here.

  • The substantial advantage is that they are completely unbranded, and can be fully customizable to any color scheme and to fit the layout of any web page.
  • Hence, it is seen that the costs have reduced by around 50% of the previous value.
  • As a result, analyzing the NZDJPY will probably be simpler relative to a pair such as EUR/USD.

There are dozens of to help you understand where prices are heading. Draw freehand, apply a variety of technical indicators or compare different instruments within the same chart. This advanced chart is considered to be one of the best HTML5 charts within the industry.

Close Your Position to Take a Profit or Cut a Loss

The NZDJPY pair represents a combination of a risk-on currency and a risk-off, safe-haven currency . Although this combination can be volatile, the pair still has several benefits that make for advantageous trading. Bitcoin price rallied to $30,000 ahead of a major upgrade in the Ethereum blockchain. Crypto market participants weighed in the shifting macroeconomic outlook and the uncertainty surrounding Ethereum’s Shapella upgrade. – The safe haven yen was higher on Wednesday despite a decision by U.S. President Donald Trump to postpone additional tariffs on some Chinese imports, as investors remained…

Other yen crosses such as EUR/JPY and GBP/JPY can also affect NZDJPY. If any of these crosses are about to break a key technical level, they could unlock a lot of JPY buying or selling that can affect NZDJPY. NZDJPY tends to make very fast and strong movements that can even persist longer than some typical scalping time frames.


The 5 best day trading platforms for 2020, which is also known as the Kiwi Yen, is one of the yen crosses. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. In addition, any of the above-mentioned violations may result in suspension of your account.

To find out which brokers offer all of these crucial elements, make sure tocheck out our reviewsof trusted forex brokers today. Meanwhile, the JPY has always been synonymous with volatility. Therefore, profiting from NZD/JPY forex trading requires a savvy ability to predict when those dramatic price swings will occur throughout the day and which direction they will go in. That’s why having a trusted and licensed UK forex broker is the essential first step to a successful NZD/JPY forex trading experience. Although NZD/JPY is a minor currency pair, trading is relatively simple and straightforward.

What is worth of every pip in forex?

The percentage of IG client accounts with positions in this market that are currently long or short. New Zealand and Australia have other connections besides their proximity. Both economies rely on commodity exports and there is also a lot of trade between the two countries. Keep in mind that Japanese asset managers tend to make similar investment decisions. This leads to highly correlated positions which can lead to the development of trends.


While both are within the top 8 most widely traded currencies in the FX space, the pairing sees lighter transaction volumes. Volumes account for less than 2% of total transactions in the FX markets. Both are influenced by economic indicators out of China and the U.S. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.

How to Use the Forex Profit Calculator

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Although the NZD rarely features in baskets of global reserves, it is actually a very widely traded currency and its value tends to be strongly affected by forex trading activity. This is why trading NZD/JPY has a lot of advantages, which we will explain in greater detail down below. If you’re keen to find out exactly what it means to trade NZD/JPY on global currency markets, you have come to the right place. When looking at the trillions of dollars worth of currencies that are traded every single day, NZD/JPY does not factor in very prominently.

Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Historically, NZDJPY has had a range of movements that typically run between a certain number of pips. Knowing this range can make forecasting future price movements easier. Open a trade and add risk management orders to minimize risk.

Recent Currency News

For example, if NZD/JPY is currently trading at 78.00, then it costs 78 Japanese Yen to purchase one New Zealand Dollar. The information on this website is provided on an as-is basis, without any guarantee that it’s accurate or useful for any particular purpose. The authors cannot be held responsible for any loss or damage as a result of using this website, directly or indirectly. This is an overriding statement and takes precedence over any other statements. The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Use this to see how IG client accounts with positions on this market are trading other markets.

NZD/USD Direction Will Be Determined by U.S. CPI –

NZD/USD Direction Will Be Determined by U.S. CPI.

Posted: Tue, 14 Mar 2023 07:00:00 GMT [source]

The embedding widget can be used as it is or it can be fully configured to match your website’s colours. When you are happy with the settings, simply copy/paste the final code to embed the tool/calculator widget on your page. Our tools and calculators are developed and built to help the trading community to better understand the particulars that can affect their account balance and to help them on their overall trading. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

With an intuitive design and a user-friendly interface, these calculators can be easily integrated with any web page. The substantial advantage is that they are completely unbranded, and can be fully customizable to any color scheme and to fit the layout of any web page. NZDJPYAfter loosing the firt trade in this pair this week, we´ll try again. There´re many areas to cover upper than the current price. After loosing the firt trade in this pair this week, we´ll try again.

It is important to keep in mind that you can lose more than you initially invested. Forex, CFDs and Crypto trading offer exciting opportunities, but one should also keep in mind that these opportunities are accompanied with an equally high level of risk. Leverage may increase both profit and losses, and impulse trading should be kept in check. Therefore, always have a pre-set amount that you are ready to speculate. Never speculate with amounts that you cannot afford to lose. As with any form of real-money financial trading, knowing when to cut your losses and get out is essential.

risk of losing

Liquidity can sometimes be an issue, but as long as you trade during busy hours this should not be a problem. New Zealand and Japan represent two of the most exciting economies on Earth, with the NZD/JPY offering a level of diversification that few other minor pairs can offer. Read on to find out what you need to know about NZD/JPY forex trading. CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd , IG Index Ltd and IG Trading and Investments Ltd .

At the bottom of the table you’ll find the currency pair data summary for the selected range of dates. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. NZDJPY is responsive to both domestic economic news and that of key trading partners such as China.