There’s plenty of moving and shaking on the FX Markets on this Wednesday, so here’s how the 8 majors have performed so far. I`m Alex Iszatt. Australia/Dollar started moving South after approximately 4 o`clock in the morning and it stands 1.8% in the red at 3 PM GMT, posting the day’s biggest move. Republicans took control of the Senate in midterm elections and Greenback is the most bullish of the 8 majors on the advancers and decliners table. UK Services PMI declined more than expected, but Sterling trades mostly higher, standing point 26% South of the Buck. Loonie Dollar is the most bullish of the three commodity currencies on the advancers and decliners table. Swiss Franc stands in a close range with the Euro, which was under pressure as Euro Zone Services PMI was downwardly revised and retail sales declined more than expected. Japanese Yen continues heading South and it declined as Bank of Japan Governor Kuroda said he sees no limit to steps officials can take to fight deflation. Antipodes are at the bottom of the table – New Zealand Dollar is followed by the Ozzy Dollar, which wraps up the advancers and decliners list as China Service PMI declined to 52.9. Let’s move on to longer terms, where Dollar/Yen shows the biggest rise over a week and it’s 6.12% in the green. 3.19% in the biggest decline and it’s posted by Australia/Dollar. Swissie/Yen has appreciated the most over a month and it’s followed closely by Dollar/Yen. Canada/Swissie tops the bearish section, standing 2.21% in the red. That’s it for Wednesday’s Movers and Shakers. Tune in tomorrow for the next report, but for now, goodbye.
There’s plenty of moving and shaking on the FX Markets on this Wednesday, so here’s how the 8 majors have performed so far. I`m Alex Iszatt.
Australia/Dollar started moving South after approximately 4 o`clock in the morning and it stands 1.8% in the red at 3 PM GMT, posting the day’s biggest move.
Republicans took control of the Senate in midterm elections and Greenback is the most bullish of the 8 majors on the advancers and decliners table.
UK Services PMI declined more than expected, but Sterling trades mostly higher, standing point 26% South of the Buck.
Loonie Dollar is the most bullish of the three commodity currencies on the advancers and decliners table.
Swiss Franc stands in a close range with the Euro, which was under pressure as Euro Zone Services PMI was downwardly revised and retail sales declined more than expected.
Japanese Yen continues heading South and it declined as Bank of Japan Governor Kuroda said he sees no limit to steps officials can take to fight deflation.
Antipodes are at the bottom of the table – New Zealand Dollar is followed by the Ozzy Dollar, which wraps up the advancers and decliners list as China Service PMI declined to 52.9.
Let’s move on to longer terms, where Dollar/Yen shows the biggest rise over a week and it’s 6.12% in the green. 3.19% in the biggest decline and it’s posted by Australia/Dollar.
Swissie/Yen has appreciated the most over a month and it’s followed closely by Dollar/Yen. Canada/Swissie tops the bearish section, standing 2.21% in the red.
That’s it for Wednesday’s Movers and Shakers. Tune in tomorrow for the next report, but for now, goodbye.
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