Let’s find out what’s moving and shaking among the 8 major currencies at 3 PM GMT on this Tuesday. The Cable shows the day’s top move, which is a rise of point 79%. The pair started heading higher after 6 o’clock and surge lasted for approximately 4 hours. UK inflation accelerated past the Bank of England’s 2% target in February, sending the Sterling higher and it’s the most bullish major at the moment. Emmanuel Macron was believed to have come out as a winner in a French debate, providing support for the Single currency. Swiss trade surplus narrowed down sharply and Swissie is just a fraction up from the Kiwi Dollar. Canadian retail sales report was a positive surprise, but Loonie Dollar is mostly lower and almost level with the safe-haven Japanese Yen. Australian Dollar is having a generally bearish day and it’s up only from the Greenback, which has come under pressure as Fed signaled rate hikes to be of gradual pace. Weekly bulls chart is led by Australia/Greenback and the pair has gained 2.66%. Dollar/Yen is the top decliner over the same term, standing 2.29% in the red. Euro/New Zealand has had a bullish month and it’s the only pair that has appreciated by more than 4%. New Zealand/Yen tops the bearish section with a drop of 3.56%. I’m Jessica Walker and this wraps up the Movers and Shakers for Tuesday. Do click back again tomorrow, but for now, goodbye.
Let’s find out what’s moving and shaking among the 8 major currencies at 3 PM GMT on this Tuesday.
The Cable shows the day’s top move, which is a rise of point 79%. The pair started heading higher after 6 o’clock and surge lasted for approximately 4 hours.
UK inflation accelerated past the Bank of England’s 2% target in February, sending the Sterling higher and it’s the most bullish major at the moment.
Emmanuel Macron was believed to have come out as a winner in a French debate, providing support for the Single currency.
Swiss trade surplus narrowed down sharply and Swissie is just a fraction up from the Kiwi Dollar.
Canadian retail sales report was a positive surprise, but Loonie Dollar is mostly lower and almost level with the safe-haven Japanese Yen.
Australian Dollar is having a generally bearish day and it’s up only from the Greenback, which has come under pressure as Fed signaled rate hikes to be of gradual pace.
Weekly bulls chart is led by Australia/Greenback and the pair has gained 2.66%. Dollar/Yen is the top decliner over the same term, standing 2.29% in the red.
Euro/New Zealand has had a bullish month and it’s the only pair that has appreciated by more than 4%. New Zealand/Yen tops the bearish section with a drop of 3.56%.
I’m Jessica Walker and this wraps up the Movers and Shakers for Tuesday. Do click back again tomorrow, but for now, goodbye.
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