It’s 3 PM GMT on this Wednesday; let’s look back at what’s been moving and shaking in the currency markets. Markets have actually been quite calm, and the biggest move of the day was a gain of point 43%, posted by Pound/Swissie. This has been a harsh day for Theresa May who was pranked as she explained her position on a no-deal Brexit, but it has not been a harsh day for the Pound, which, in fact, is the most bullish major. Australian services sector slowed slightly in September, but Aussie is point 1% up from the Yen. A number of currencies trade within a very narrow range from each other, with Euro a fraction up from the Loonie which, in turn, is trailed closely by Kiwi. US Non-Manufacturing PMI saw strong growth in September, and Greenback is point 13% up from the Swissie, which sits at the bottom of the Advancers and Decliners table. And here’s a quick look at the long-term charts. Euro/Canada tops the weekly bulls chart with a gain of 1.18%, whereas Canada/Swissie is the most bearish instrument, having lost more than 1%. Pound/Yen is the best performer over a month, up by 5.46%, and Euro/Pound posts the biggest decline, namely, 3.6%. You’ve been watching the Movers and Shakers for Wednesday with me, Jack Everitt. Check back in tomorrow for the next overview.
It’s 3 PM GMT on this Wednesday; let’s look back at what’s been moving and shaking in the currency markets.
Markets have actually been quite calm, and the biggest move of the day was a gain of point 43%, posted by Pound/Swissie.
This has been a harsh day for Theresa May who was pranked as she explained her position on a no-deal Brexit, but it has not been a harsh day for the Pound, which, in fact, is the most bullish major.
Australian services sector slowed slightly in September, but Aussie is point 1% up from the Yen.
A number of currencies trade within a very narrow range from each other, with Euro a fraction up from the Loonie which, in turn, is trailed closely by Kiwi.
US Non-Manufacturing PMI saw strong growth in September, and Greenback is point 13% up from the Swissie, which sits at the bottom of the Advancers and Decliners table.
And here’s a quick look at the long-term charts. Euro/Canada tops the weekly bulls chart with a gain of 1.18%, whereas Canada/Swissie is the most bearish instrument, having lost more than 1%.
Pound/Yen is the best performer over a month, up by 5.46%, and Euro/Pound posts the biggest decline, namely, 3.6%.
You’ve been watching the Movers and Shakers for Wednesday with me, Jack Everitt. Check back in tomorrow for the next overview.
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