With the yen strength today have come the 'risk off' explanations/ narratives.
AUD, NZD and gold moves are chucking a spanner in the works though.
AUD/USD and NZD/USD are both near session highs. Its not as if they've had big moves, both up around 20-30 points or so from session lows.
Gold ... well it was higher earlier but has since dropped back to a session low. Again, not a huge range. From circa 1322 its now around 1316.
There has been little in the way of specific news an any of these (that I've seen) though we did get NZ trade data and Oz consumer sentiment. neither of which tend to have much immediate FX impact.
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Latest headline crossing now is June new residential mortgage lending in New Zealand is up 18% y/y
