Friday has seen some very solid growth figures in the Euro zone economies. Let’s see how that has moved and shaken the currency markets. Euro/Pound stated moving higher after 8 o’clock in the morning, and it is the Mover of the Day with a gain of point 46%. Two European currencies, the Swissie and the Common Currency, both share the top position on the Advancers and Decliners table and, indeed, Euro has benefitted from the strong PMI figures in both Germany and France. The latest New Zealand trade data was weaker than expected, but Kiwi still stands up against most rivals. US Durable Goods Orders surprised on the upside in February, and the Buck is a fraction up from the Yen. Moving a touch lower, we get to the Aussie Dollar. Another commodity currency, the Loonie, stands point 14% North as the latest Canadian CPI data were somewhat softer than anticipated. And all that Brexit talk has not been good for the Pound, which is the most bearish of the eight majors. And, before we leave, let’s take a quick look at the long-term charts. Sterling is actually doing quite well in weekly terms, as Pound/Australia is the top performer with a gain of 1.92%. Meanwhile, Australia/Yen is the most bearish pair, having lost 2.41%. Euro/New Zealand is the most bullish instrument on the monthly chart, as it’s up by almost 5%. New Zealand/Swiss Franc has lost more than 4% over the same period, which is the biggest decline. I’m Jack Everitt and these were the Movers and Shakers for Friday. We’ll be right back on Monday to cover the latest developments, but for now, we hope you enjoy your weekend and goodbye.
Friday has seen some very solid growth figures in the Euro zone economies. Let’s see how that has moved and shaken the currency markets.
Euro/Pound stated moving higher after 8 o’clock in the morning, and it is the Mover of the Day with a gain of point 46%.
Two European currencies, the Swissie and the Common Currency, both share the top position on the Advancers and Decliners table and, indeed, Euro has benefitted from the strong PMI figures in both Germany and France.
The latest New Zealand trade data was weaker than expected, but Kiwi still stands up against most rivals.
US Durable Goods Orders surprised on the upside in February, and the Buck is a fraction up from the Yen.
Moving a touch lower, we get to the Aussie Dollar.
Another commodity currency, the Loonie, stands point 14% North as the latest Canadian CPI data were somewhat softer than anticipated.
And all that Brexit talk has not been good for the Pound, which is the most bearish of the eight majors.
And, before we leave, let’s take a quick look at the long-term charts.
Sterling is actually doing quite well in weekly terms, as Pound/Australia is the top performer with a gain of 1.92%. Meanwhile, Australia/Yen is the most bearish pair, having lost 2.41%.
Euro/New Zealand is the most bullish instrument on the monthly chart, as it’s up by almost 5%. New Zealand/Swiss Franc has lost more than 4% over the same period, which is the biggest decline.
I’m Jack Everitt and these were the Movers and Shakers for Friday. We’ll be right back on Monday to cover the latest developments, but for now, we hope you enjoy your weekend and goodbye.
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