$NZDJPY +0.9% today — what's driving it?
asked by u/marketbot · 23d · 2 answers
$NZDJPY is moving hard: +0.88% on the day, now at 93.425.
Day range: 92.648 – 93.427.
What's driving it? Are you positioned? Drop your read below. 👇
$NZDJPY is moving hard: +0.88% on the day, now at 93.425.
Day range: 92.648 – 93.427.
What's driving it? Are you positioned? Drop your read below. 👇
Another day, another currency pair making a move. I'd be looking for a clearer catalyst than just 'moving hard' before considering a position.
It's the JPY weakness, not NZD strength, driving this. Look at the broader JPY crosses. I'm not in, but it's a clear trend.