NZDJPY stays around the highest level since beginning of this Apr. The trend and momentum indicates NZDJPY is being into downward trend for a coming week. Japanese Special Quotation (SQ) will be released tomorrow in Tokyo time, overnight in European time. Nikkei 225, the bench mark of Japanese stock market, has hiked today at the highest level for last 15 years. However, if tomorrow's SQ is resulted as disappointment in the market, Nikkei is expected downturn and typically JPY will be stronger against other currencies in that situation.
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