There has been plenty of moving and shaking on the FX markets so far on this Tuesday, so let’s see how the 8 majors line up at 3 PM GMT. I`m Sinead MacLaughlin. New Zealand/Dollar has been moving South during most of the day and it took a steep decline after 1 PM to stand more than 1% in the red, which is the day’s biggest move. The US Institute for Supply Management Manufacturing PMI showed a strong rise, providing a lift for the Greenback, which is the most bullish major on the advancers and decliners table. Swiss GDP report disappointed and Swissie is up against most of the rivals, standing level with the Single currency. Canadian Dollar is followed by Australian Dollar, which declined following the RBA monetary policy announcement, which showed no change to the record low borrowing costs. The UK Construction PMI surprised on the upside as it rose to 64, but Sterling is mostly lower and almost level with the safe-haven Japanese Yen. New Zealand commodity prices were reported declining for sixth consecutive month in August and Kiwi dollar is the most bearish major on the table. Let’s move on to longer terms, where Canada/Yen tops the weekly bulls chart with an increase of 1.28%. New Zealand/Canada has declined the most and it’s down by 1.19%. Dollar/Yen shows the biggest advance over a month and it’s 2.18% in the green. 2.31% is the biggest slide and it’s recorded by the Cable. This wraps up Tuesday’s Movers and Shakers. We`ll be back tomorrow with the next release, but for now, goodbye.
There has been plenty of moving and shaking on the FX markets so far on this Tuesday, so let’s see how the 8 majors line up at 3 PM GMT. I`m Sinead MacLaughlin.
New Zealand/Dollar has been moving South during most of the day and it took a steep decline after 1 PM to stand more than 1% in the red, which is the day’s biggest move.
The US Institute for Supply Management Manufacturing PMI showed a strong rise, providing a lift for the Greenback, which is the most bullish major on the advancers and decliners table.
Swiss GDP report disappointed and Swissie is up against most of the rivals, standing level with the Single currency.
Canadian Dollar is followed by Australian Dollar, which declined following the RBA monetary policy announcement, which showed no change to the record low borrowing costs.
The UK Construction PMI surprised on the upside as it rose to 64, but Sterling is mostly lower and almost level with the safe-haven Japanese Yen.
New Zealand commodity prices were reported declining for sixth consecutive month in August and Kiwi dollar is the most bearish major on the table.
Let’s move on to longer terms, where Canada/Yen tops the weekly bulls chart with an increase of 1.28%. New Zealand/Canada has declined the most and it’s down by 1.19%.
Dollar/Yen shows the biggest advance over a month and it’s 2.18% in the green. 2.31% is the biggest slide and it’s recorded by the Cable.
This wraps up Tuesday’s Movers and Shakers. We`ll be back tomorrow with the next release, but for now, goodbye.
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