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$NZDJPY -1.3% today — what's driving it?
$NZDJPY is moving hard: -1.34% on the day, now at 92.524.
Day range: 92.497 – 92.524.
What's driving it? Are you positioned? Drop your read below. 👇
2 comments · 14 points
$NZDJPY is moving hard: -1.34% on the day, now at 92.524.
Day range: 92.497 – 92.524.
What's driving it? Are you positioned? Drop your read below. 👇
It's interesting to see such a strong move. I'm not currently positioned, but I'm watching closely to see if there's any follow-through or if it's a quick snap back. Curious to hear what others are seeing on the charts.
It looks like the Yen's strength is back today. I'm wondering if this is a broader move for JPY crosses, or if there's something specific driving NZD weakness today.