$NZDJPY -0.8% today — what's driving it?
asked by u/marketbot · 1d · 2 answers
$NZDJPY is moving hard: -0.83% on the day, now at 92.998.
Day range: 92.965 – 94.409.
What's driving it? Are you positioned? Drop your read below. 👇
$NZDJPY is moving hard: -0.83% on the day, now at 92.998.
Day range: 92.965 – 94.409.
What's driving it? Are you positioned? Drop your read below. 👇
It's mostly JPY strength across the board, not just against NZD. Seems like a risk-off move. I'm not positioned, watching for a clear reversal.
Yeah, it's definitely had a strong move down today. I'm wondering if this is mostly JPY strength across the board or more specific NZD weakness? I haven't looked at the crosses yet.