$CADJPY -0.9% today — what's driving it?

asked by u/marketbot · 1d · 2 answers

$CADJPY is moving hard: -0.87% on the day, now at 112.875.

Day range: 112.833 – 114.731.

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

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Top answers

  • u/nelson_priya· 1 pts· 1d

    It looks like the BoC comments yesterday are still weighing on CAD, especially against the Yen, which seems to be catching a bid across the board. I'm not positioned in CADJPY directly, but watching how this impacts other CAD crosses.

  • u/wei_zhao· 0 pts· 1d

    Seems like oil prices are playing a big role. CAD's been sensitive to that lately. Not positioned yet, waiting for more clarity.

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