Start of the trading day is bearish for the US stock indexes, so let’s see where the 8 major currencies stand at 3 PM GMT. I`m Ben Jones.
Canada/Swissie was relatively flat during the early hours, but a following rise has resulted in a gain of point 49%, which is the day’s biggest move.
Despite the sliding US stock indexes, a commodity currency tops the advancers and decliners table and it’s the Loonie Dollar.
Japanese Tankan Manufacturing Index improved, but Non-Manufacturing counterpart declined and Yen is near the top of the table.
Greenback is point 11% down from the Yen and level with the Sterling, which saw downward pressure from the disappointing UK Manufacturing PMI release.
Finalized Euro zone Manufacturing PMI was downwardly revised closer towards the 50 level and Euro trades in a close range with a number of majors.
Australian retail sales were reported growing less than expected and Ozzy Dollar is level with the Kiwi Dollar and just slightly up from the Swissie, which wraps up the list.
Let’s have a look at longer term performance charts, where Sterling/New Zealand tops the weekly bulls table with an increase of 2.19%. New Zealand/Dollar is down by 2.86% and that’s the most bearish instrument.
Dollar/Yen leads the monthly bulls chart and it’s up by close to 5%. 6.49% is the biggest slide and it’s recorded by New Australia/Dollar.
This is what has been moving and shaking so far on Wednesday. We`ll be back tomorrow with another report, but for now, goodbye.

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