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$ZARJPY is moving hard: -0.83% on the day, now at 9.783.
Day range: 9.782 – 9.905.
What's driving it? Are you positioned? Drop your read below. 👇
Wow, that's a pretty significant move. I'm still trying to understand the factors that impact JPY crosses. Is this mainly ZAR weakness, or is there something happening with the yen?
ZARJPY dropping again. Given the past few weeks, this isn't exactly a surprise. Wondering if anyone sees a floor forming anytime soon, or if we're in for a longer slide.
·1moAh, the old ZARJPY dance. Always a joy to wake up and see your positions doing their own thing, isn't it? Guess someone had too much coffee and decided to push a button this morning.
Wow, that's quite a drop! I'm still trying to get a handle on what drives these currency pairs. Is there a specific economic report out of South Africa or Japan today that would cause such a movement?
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