22.05.2017 – Movers and Shakers by Dukascopy
May 22, 2017 3:52 pmVideo
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Dukascopy Forex TV Team is back with this week’s first edition of the FX Movers and Shakers.
Kiwi Dollar has been on a rise against the Buck and the pair has appreciated by point 9%, which is the day’s biggest move.
US stocks have opened in the green as Donald Trump heads to the G7 and NATO meetings across the Atlantic and Kiwi Dollar tops the advancers and decliners table.
Australian leading index increased by a half a percent and Ozzy Dollar is mostly higher.
German Chancellor Angela Merkel said the Euro is too weak, because of the ECB policy, making German products cheap in relative term, sending Single currency higher.
Canada enjoys a bank holiday and Loonie Dollar is level with the Yen. Japanese trade surplus disappointed with a slight correction.
Swiss Franc is even with the Sterling, which dropped as Brexit Minister David Davis said the government holds position to walk away from the negotiations without any deal, rejecting the demand of a 100 billion Euro settlement for the UK’s exit from the EU.
The Trump administration is set to release its budget request tomorrow and Greenback is at the bottom of the table.
Euro/Dollar has had an extremely bullish week and the pair has gained more than 3%. Dollar/Swissie is the top decliner with a slide of 3.32%.
Euro/Yen leads the monthly bulls table and it’s the only pair that has gained more than 7%. Canada/Swissie is the most bearish pair and it’s down by 3.32%.
I’m Kiays Khalil and that’s all for Monday’s Movers and Shakers. Click back tomorrow, but for now, goodbye.
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