25.01.2018 – Movers and Shakers by Dukascopy
January 25, 2018 5:41 pmVideo
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Davos is the highest town in Europe, standing at more than 1 and a half kilometer high and it continues trend high on news this week, so let’s see what’s moving and shaking on the FX Markets.
Dollar/Swissie is the mover of the day as Greenback weakness continues and the pair has declined by a total of point 89%.
Swissie has joined Euro on a bullish run as Switzerland hosts the world economic forum.
Single currency is point 2% down from the top advancer, gaining ground as the ECB President Mario Draghi showed little concern over the recent appreciation of the Euro in today’s monetary policy statement.
UK CBI realized sales survey balance declined to plus 12, but Sterling is near the top of the table.
Commodity currency trio trades in a narrow range. Australian Dollar is close to level with the Loonie Dollar. Canadian overall retail sales increased less than expected, while core reading jumped.
Japanese Yen trades in a close range with the Kiwi Dollar.
Greenback wraps up the table as it continues the bearish run.
The Cable continues to lead the weekly bulls chart and it’s up by 3.1%. Dollar/Swissie is the top decliner and it’s more than 2% in the red.
The Cable has had a bullish month as well and it’s gained 7.17%. Dollar/Swissie has depreciated the most and it’s down by 5.2%.
I’m Kiays Khalil and you’ve been watching the FX Movers and Shakers for Thursday. Click back for this week’s last report, but for now, goodbye.
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