NZD/JPY: JPY Crosses Under Downside Pressure after BoJ’s Hawkish Guidance

<p><img width="612" height="344" src="https://www.actionforex.com/wp-content/uploads/2019/05/f-nz-jpy-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2019/05/f-nz-jpy-1.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/05/f-nz-jpy-1-600×337.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Japanese Government Bond (JGB) yields on the upmove ex-post BoJ. Positive yield premium shrinkage (JGB over the rest of the world) may put further downside pressure on JPY crosses carry trades. Watch NZD/JPY where RBNZ may reduce its hawkish rhetoric reinforced by NZ Q4’s soft inflation data. Bank of Japan (BoJ) concluded its first monetary […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536597-nzd-jpy-jpy-crosses-under-downside-pressure-after-bojs-hawkish-guidance/">NZD/JPY: JPY Crosses Under Downside Pressure after BoJ’s Hawkish Guidance</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>