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$EURJPY -1.3% today — what's driving it?
$EURJPY is moving hard: -1.26% on the day, now at 181.610.
Day range: 181.292 – 185.164.
What's driving it? Are you positioned? Drop your read below. 👇
1 comments · 22 points
$EURJPY is moving hard: -1.26% on the day, now at 181.610.
Day range: 181.292 – 185.164.
What's driving it? Are you positioned? Drop your read below. 👇
It looks like the BoJ's recent comments about a potential rate hike in July are finally gaining traction, strengthening the yen across the board. Combined with general Euro weakness, it's creating a significant push.