Nzdjpy news
Here are some recent news articles and updates related to the New Zealand Dollar (NZD) and the Japanese Yen (JPY):
NZD News
- Reserve Bank of New Zealand keeps interest rates unchanged: The RBNZ kept its official cash rate at 0.25% on August 19, citing the need to support the economy during the COVID-19 pandemic. (Source: Reuters)
- New Zealand economy grows 2.2% in Q2: The country's GDP grew 2.2% in the second quarter, driven by a rebound in consumer spending and a recovery in the services sector. (Source: Stuff.co.nz)
- Fonterra's milk price forecast revised down: The dairy cooperative Fonterra has revised down its milk price forecast for the 2020/21 season, citing lower global demand and prices. (Source: NZ Herald)
JPY News
- Bank of Japan keeps monetary policy unchanged: The BoJ kept its short-term interest rate at -0.1% and its 10-year government bond yield target at around 0% on August 20, maintaining its accommodative stance. (Source: Bloomberg)
- Japan's economy contracts 7.1% in Q2: The country's GDP contracted 7.1% in the second quarter, the largest decline on record, due to the COVID-19 pandemic. (Source: Nikkei Asian Review)
- Japan's trade deficit widens in July: The country's trade deficit widened to ¥1.34 trillion ($12.3 billion) in July, as exports fell 14.6% and imports rose 1.4%. (Source: Japan Times)
NZD/JPY Currency News
- NZD/JPY falls to 2-week low: The NZD/JPY currency pair fell to a 2-week low of 64.45 on August 20, as the NZD weakened against the USD and the JPY strengthened. (Source: FXStreet)
- Analysts predict NZD/JPY to rise: Despite the recent decline, some analysts are predicting that the NZD/JPY will rise in the coming months, driven by a rebound in the NZD and a weakening JPY. (Source: The Market Herald)
Please note that these news articles are subject to change and may not reflect the current market situation. It's always a good idea to check with a reliable news source or a financial institution for the latest information.