$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. 👇

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Top answers

  • u/david_w· 1 pts· 1d

    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.

  • u/smith_nico· 1 pts· 1d

    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.

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