17.07.2017 – Movers and Shakers by Dukascopy
July 17, 2017 4:02 pmVideo
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It’s 3 PM GMT on this week’s opening trading day, so let’s see how the 8 major currencies line up.
Sterling/Swissie moved sharply lower after 7 o’clock and the pair stands point 52% in the red after rising from the daily low.
Chinese data was positive and Swiss Franc tops the advancers and decliners table.
There were no revisions to finalized Euro Zone CPI and Single currency trades in a close range with a number of majors ahead of ECB’s meeting on Thursday.
Then there are a couple of commodity currencies – Australian and Canadian Dollars.
US Empire State Manufacturing Index dropped and Greenback is point 24% up from the Yen as Japan celebrated Marine Day.
New Zealand CPI figures will be released later in the session and Kiwi Dollar is up only from the UK Sterling, which wraps up the advancers and decliners table as Round two of Brexit negotiations is underway.
Past week has been bullish for the Australia/Greenback and the pair is up by more than 3%. Euro/Australia tops the bearish section with a drop of 2.27%.
Canada/Yen has gained the most ground over a month and the pair is up by 7.79%. Dollar/Canada is the most bearish pair and it’s 4.3% in the red.
I’m Kiays Khalil and that’s all for Monday’s Movers and Shakers. Do click back tomorrow, but for now, goodbye.
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