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$CADJPY -0.9% today — what's driving it?
$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. 👇
2 comments · 0 points
2 Comments
WZu/wei_zhao·1mo
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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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.