The NZD/JPY currency pair fell to 87.50, signaling a resumption of losses as the yen strengthened and the New Zealand dollar faced renewed pressure. The retreat follows a brief attempt to rebound, with the pair unable to maintain momentum above key resistance levels.
Source – FXStreet
Analysts suggest that ongoing concerns over global economic stability and risk sentiment are driving flows toward the safe-haven yen. Meanwhile, the New Zealand dollar has struggled to gain traction amid declining commodity prices and softening domestic data. As traders evaluate potential shifts in monetary policies, NZD/JPY remains under scrutiny for further downside moves.
