11.12.2017 – Movers and Shakers by Dukascopy
December 11, 2017 3:49 pmVideo
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It’s the end of European trading on this first day of the week; let’s see what’s been moving and shaking.
Pound/New Zealand is the mover of the day, having lost more than 1.26%. Most of the loss was posted before 8 o’clock, and the subsequent movement was limited.
A new governor for the Reserve Bank of New Zealand, and Kiwi soared on the news; it is no less than poim 8% up from its fellow Antipode, the Aussie.
Two European currencies are trading within a narrow range from each other, with Euro just a fraction up from the Swissie.
Japanese machine tool orders continued growing in November, and Yen is point 18% up from the Greenback, which, in turn, is trading level with the neighbouring Loonie.
And Sterling seems to be off to another volatile week, as Brexit concerns have pushed it all the way to the bottom of the Advancers and Decliners table.
And Kiwi is doing pretty well on the weekly chart, as New Zealand/Canada is top performer with a gain of 1.57%, whereas Australia/New Zealand is the most bearish pair, having lost 1.51%.
Pound/Australia has gained the most over a month, standing 4.15% in the green, and Australia/Swiss Franc posts the biggest decline, namely, 2.86%.
I’m Kiays Khalil and these were the Movers and Shakers for Monday. We’ll be right back tomorrow to cover the latest developments, but until then, goodbye.
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