17.11.2017 – Movers and Shakers by Dukascopy
November 17, 2017 3:48 pmVideo
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Weekend is almost here, so let’s have a look at the performance of the 8 major currencies.
New Zealand Dollar has been on a sharp decline against the Japanese Yen and the pair has lost a total of 1.44%, which is the day’s top move.
US stock indexes have opened in the red and a safe-haven Japanese Yen tops the advancers and decliners table, trading point 25% up from the Swiss Franc, which is having a bullish session as well.
Euro Zone current account surplus expanded and ECB President Mario Draghi was optimistic about wage growth, sending the Single currency higher.
US building permits and housing starts both increased and Greenback is trading almost even with the UK Sterling.
Canadian CPI was reported unchanged and Loonie Dollar is mostly lower, just like the other two commodity currencies – Australian and New Zealand Dollars.
Moving on to longer term performance charts, Euro/New Zealand is the only pair that has gained more than 3% over the past week. New Zealand/Yen is the top decliner and it’s almost 3% in the red.
Sterling/New Zealand and Euro/New Zealand both have gained more than 5% over the past month. New Zealand/Yen leads the bearish section and it’s down by more than 5% as well.
I’m __________ and that’s all for Friday’s Movers and shakers. Have a great weekend and do click back for more on FX markets. Goodbye.
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