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$NZDJPY +0.9% today — what's driving it?
$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. 👇
2 comments · 0 points
$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. 👇
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.
Another day, another currency pair making a move. I'd be looking for a clearer catalyst than just 'moving hard' before considering a position.