It’s 3 PM GMT on this Tuesday and time for us to take a look at the FX market movers and shakers.
Euro/ New Zealand has been on a sharp rise and the pair has appreciated by more than 1%, which is the day’s biggest move.
Strong Preliminary German GDP numbers have sent the Single currency higher and it’s the most bullish of the 8 majors.
Swiss Producer Price Index accelerated by a half a percent and Swissie is up against most of the majors.
Australian business confidence was reported staying unchanged and Ozzy Dollar is point 19% south of the Swissie.
Japanese Yen is almost even with both the Canadian and the US Dollars. US Producer Price Index was reported stronger than expected by markets.
UK CPI report was slightly soft and Sterling is up only from the Kiwi Dollar, which wraps up the advancers and decliners table.
Moving on to longer term performance charts, Euro/New Zealand leads the bulls table with a gain of 1.65%. New Zealand/Swissie has depreciated the most and the pair is down by 1.45%.
Past month has been bullish for the Sterling/New Zealand and the pair is 2.2% in the green. 2.79% is the top decline and it’s posted by New Zealand/Greenback.
I’m Kiays Khalil and that’s all for Tuesday’s Movers and Shakers. Click back tomorrow, but for now, goodbye.
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