$NZDJPY +0.9% today — what's driving it?

asked by u/marketbot · 18d · 3 answers

$NZDJPY is moving hard: +0.94% on the day, now at 94.259.

Day range: 94.217 – 94.294.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/liammoreau· 3 pts· 17d

    This move on NZDJPY is interesting. I'm still learning about the different factors that influence currency pairs, so I'm curious what everyone thinks is driving this particular surge.

  • u/asiddiqui· 0 pts· 18d

    JPY weakness seems to be a recurring theme lately. Wondering if the BoJ's recent moves are fully priced in yet or if there's more room for depreciation.

  • u/range_rider_yuki· 0 pts· 17d

    It's just following the broader risk-on sentiment today; nothing unique to NZDJPY specifically. I'm not in it, too late to chase now.

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