Let’s find out what’s moving and shaking on the FX markets at 3 PM GMT on this Thursday. Sterling/Yen plummeted hours into the trading day and the pair stands 1.36% in the red, which is the day’s top move. Safe-haven Japanese Yen takes the top spot as Dow hovers near the 22k level. Currencies show mixed results and Kiwi Dollar is up against most of the rivals and it’s just slightly North of the Swiss franc. There were no revisions to Finalized Euro Zone Services PMI and Single currency is close to level with the Swissie. US ISM Non-Manufacturing PMI declined more than expected and Greenback is trailed closely by the neighboring Loonie Dollar. Australian trade report disappointed and Ozzy Dollar is up only from the UK Sterling. Bank of England cut their outlook for UK growth and Sterling dropped as this makes a rate hike less likely. Euro/New Zealand has had a bullish week and the pair has gained 2.72% to lead the bulls table. New Zealand/Yen is the top decliner and the pair stands 2.31% in the red. Euro/Swissie has gained most ground over the past month and it’s more than 5% in the green. Swissie/Yen leads the bearish section with a slide that exceeds 3%. I’m Celeste Skinner and these were the Movers and Shakers for Thursday. Do click back for this week’s last report, but for now, goodbye.
Let’s find out what’s moving and shaking on the FX markets at 3 PM GMT on this Thursday.
Sterling/Yen plummeted hours into the trading day and the pair stands 1.36% in the red, which is the day’s top move.
Safe-haven Japanese Yen takes the top spot as Dow hovers near the 22k level.
Currencies show mixed results and Kiwi Dollar is up against most of the rivals and it’s just slightly North of the Swiss franc.
There were no revisions to Finalized Euro Zone Services PMI and Single currency is close to level with the Swissie.
US ISM Non-Manufacturing PMI declined more than expected and Greenback is trailed closely by the neighboring Loonie Dollar.
Australian trade report disappointed and Ozzy Dollar is up only from the UK Sterling.
Bank of England cut their outlook for UK growth and Sterling dropped as this makes a rate hike less likely.
Euro/New Zealand has had a bullish week and the pair has gained 2.72% to lead the bulls table. New Zealand/Yen is the top decliner and the pair stands 2.31% in the red.
Euro/Swissie has gained most ground over the past month and it’s more than 5% in the green. Swissie/Yen leads the bearish section with a slide that exceeds 3%.
I’m Celeste Skinner and these were the Movers and Shakers for Thursday. Do click back for this week’s last report, but for now, goodbye.
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