Name Symbol Market Type
New Zealand Dollar vs Japanese Yen FX:NZDJPY Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.003 0.0% 76.20 76.18 76.22 76.4155 76.07 76.194 0 08:58:30

Australian, New Zealand Dollars Rise Amid Evergrande's Bond Payment

22/10/2021 5:21am


Forex Chart

From Jul 2021 to Jan 2022

Click Here for more NZD vs Yen Charts.

The Australian and New Zealand dollars climbed against their major counterparts in the Asian session on Friday, as property developer China Evergrande made payments on dollar bonds to avert a default, easing some of the worries about a wide spread contagion.

Sentiment lifted up after China's Securities Times reported that Evergrande has sent an $83.5 million interest payment to bondholders.

Oil prices eased amid indications of tightening of crude stocks in the U.S.

A rally in the yield on the ten-year treasury note paused as markets prepared for a potential reduction in stimulus measures as soon as next month.

Fed Chair Jerome Powell speaks later today in a panel discussion, with traders awaiting more clarity on the Fed's policy plans.

The aussie climbed to 0.7500 against the greenback and 1.5521 against the euro, off its 3-day lows of 0.7454 and 1.5594, respectively. The aussie is seen finding resistance around 0.78 against the greenback and 1.52 against the euro.

The aussie rebounded to 85.54 against the yen, 0.9254 against the loonie and 1.0444 against the kiwi, from its early low of 84.89, session's low of 0.9222 and more than a 3-week low of 1.0417, respectively. The currency is likely to locate resistance around 88.00 against the yen, 0.94 against the loonie and 1.07 against the kiwi.

The kiwi edged up to 0.7180 against the greenback, 81.91 against the yen and 1.6207 against the euro, after falling to 0.7151, 81.41 and 1.6254, respectively in early trades. If the kiwi rises further, 0.74, 83 and 1.60 are possibly seen as its next resistance levels against the greenback, the yen and the euro, respectively.

Looking ahead, Canada retail sales data for August is due in the European session.

1 Year NZD vs Yen Chart

1 Year NZD vs Yen Chart

1 Month NZD vs Yen Chart

1 Month NZD vs Yen Chart
ADVFN Advertorial
Your Recent History
NZD vs Yen
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220126 09:13:30