22.03.2017 – Movers and Shakers by Dukascopy
March 22, 2017 4:00 pmVideo
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It’s 3 PM GMT on this Wednesday and time for the Dukascopy FX Movers and Shakers report.
Sterling/Yen is the day’s top mover with a decline of close to 1%. Sharpest slide took place only hours into the session, after 7 AM.
US stocks have been under pressure this week and Japanese Yen leads the advancers and decliners table on safe-haven flows.
Swiss Franc is up against most of the rivals and it’s just point 17% South of the top advancer.
Reserve Bank of New Zealand will deliver its Official Cash Rate Statement at 8 PM GMT and Kiwi Dollar is the most bullish of the three commodity currencies on the table.
Euro Zone current account surplus narrowed down sharply and Single currency is almost level with the Greenback.
US house price index stalled and existing home sales declined.
Australian Dollar is having a generally bearish day, trading point 12% up from the Loonie Dollar.
It’s trailed by the UK Sterling, which is the most bearish of the 8 majors on the table.
Moving on to longer terms performance charts, The Cable has had a bullish week, gaining almost 2%. Dollar/Yen tops the bearish section and it’s the only pair that has lost more than 3%.
Euro/Canada has gained the most ground over a month and the pair is up by close to 4%. Canada/Yen is the top decliner, standing 4% in the red.
I’m Kiays Khalil and that’s all for Wednesday’s Movers and Shakers. Do click back for Thursday’s report, but for now, goodbye.
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