Hey, if you like this stuff, sign up as a follower, I haven't had many new followers in a few weeks. Thanks.
This is a huge and nicely formed Blimp of Doom. People use the AUD/JPY as a risk on/risk off indicator. Which is fine, but that one is gamed more because it is so popular, this one --New Zealand---is more organic.
I am shorting this directly. This would likely drive US equities down, and also PM's unless big fear come into play, bouying up PM.