12.11.2014 – Movers and Shakers by Dukascopy
November 12, 2014 3:35 pmVideo
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Hello, I`m Ben Jones and these are the Movers and Shakers for Wednesday, 12th of November, brought to you by the Dukascopy Forex TV Team.
Sterling/New Zealand has been on a slide during most of the day and it was a considerable 1.28% in the red at 3 PM GMT, posting the day’s biggest move.
NZ Dollar rose on overnight RBNZ stability report and it’s currently the most bullish of the 8 majors on the advancers and decliners table.
Japanese Yen has recovered some of the recent loss as Japanese officials downplayed speculations of a delay to sales tax increase.
Safe-haven is followed by a couple of commodity currencies – Canadian and Australian Dollars. Both of them trade in a close range.
Greenback is just slightly up from the Swiss Franc, which stands a fraction North of the Single currency.
Euro is up only from the UK Sterling , which wraps up the advancers and decliners table as the Bank of England lowered their growth forecasts for 2015 and 2016.
Let’s find out where the 8 majors stand in longer terms. New Zealand/Yen has appreciated the most over a week and it’s 2.46% in the green. Sterling/New Zealand is on top of the bearish list, standing 2.81% in the red.
7.46% is the biggest rise over a month and it’s posted by New Zealand/Yen. Euro/New Zealand has depreciated the most over the same time and it’s down by 1.8%.
That’s it for Wednesday’s report, but make sure to tune in tomorrow for the next release. Goodbye.
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