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Trade New Zealand Dollar / Japanese Yen CFD


Trader sentiment

% Buyers % Sellers

Daily change

Low: 75.193 High: 75.851
  • Spread Type Floating
  • Long position overnight fee 0.0012%
  • Short position overnight fee -0.0106%
  • Overnight fee time 22:00 (UTC)
  • Min traded quantity 1000
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The base currency – NZD. The counter currency – JPY. The NZD/JPY chart is the New Zealand dollar/Japanese yen currency pair. It shows how much the NZD is worth when measured against the JPY. Historically a low-yielding currency, the yen is an attractive vehicle for carry trades. Traders can borrow cheaply in JPY to acquire higher-yielding currencies, including NZD. The NZD/JPY pair is sensitive to swings in market sentiment trends. Investors favour carry trades in times of positive global economic performance, and are wary of them in times of market downturn. To catch up with latest NZD/JPY rate, follow
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Asset correlation: everything you wanted to know but were afraid to ask

No discussion of trading strategy is complete without some mention of correlation with regard to assets in a portfolio. This can seem daunting, but understanding correlation can be straightforward and profitable.

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How we make money? makes the majority of it’s money through the spread, the difference between the buy and sell price.

Trade forex with leverage

Currencies are available to trade with up to 30:1 leverage. Start trading with as little as $100 to control a position of $3000

Forex CFD’s

  • Trade 24/5 on a wide range of Forex

  • Buy and sell Forex to take advantage of rises and falls in price

Profit and loss control

You can easily define Stops and Limits to request positions to close at a specified price.

Set up price alerts to be informed of big moves.

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