MinchFX

Yield divergence with the NZD

Short
MinchFX Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Resistance at a weekly down trendline, slight divergence with the bond yields and the Kiwi currency index. Talk of wanting RBNZ wanting a lower NZD, the yields are dropping, which the NZD in theory should follow.

Black - NZDJPY
Blue - NZD Currency index
Red - 2 year bind yield
Light Yellow- 10 year bond yield
Comment:
Black - 2y yield
Blue - NZD
Red lines - Interest rates


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