You’re watching another Movers and Shakers report. Let’s take a look at how the major currencies line up at 3 PM GMT on this Tuesday. I’m Doireann McDermott. Australia/Canada has been trending North during most of the day and a gain of point 82% was recorded after 15 hours of trading and that’s the day’s biggest move. The RBA left monetary policy unchanged and Australian Dollar is the most bullish of the 8 majors on the table, followed closely by Japanese Yen as Japan’s Prime Minister Shinzo Abe said the local currency’s weakness is hurting small companies and households. Kiwi Dollar, which is point 3% South of the neighboring Ozzy Dollar as New Zealand business confidence dropped sharply. UK Manufacturing expanded for a third month in August, but slightly slower than estimated and Sterling is almost level with the Kiwi Dollar. US Dollar stands South of the chart’s midpoint and it’s followed by the Swissie, which is almost level with the Single currency. Euro was sent South as German industrial production dropped. Canadian building permits plummeted by a massive 27.3% and Loonie Dollar wraps up the advancers and decliners table. Moving on to longer terms, Australia/Swissie tops the weekly advancers list and it has gained 1.4%. Sterling/Yen shows the biggest slide and it’s down by 1.67%. Dollar/Swissie has appreciated the most over a month and it’s 4.31% in the positive territory. New Zealand/Dollar and Australia/Dollar both show similar declines and they are on top of the bearish table. That concludes the Movers and Shakers for Tuesday. As usual, we’ll be returning tomorrow with the next report. Goodbye.
You’re watching another Movers and Shakers report. Let’s take a look at how the major currencies line up at 3 PM GMT on this Tuesday. I’m Doireann McDermott.
Australia/Canada has been trending North during most of the day and a gain of point 82% was recorded after 15 hours of trading and that’s the day’s biggest move.
The RBA left monetary policy unchanged and Australian Dollar is the most bullish of the 8 majors on the table, followed closely by Japanese Yen as Japan’s Prime Minister Shinzo Abe said the local currency’s weakness is hurting small companies and households.
Kiwi Dollar, which is point 3% South of the neighboring Ozzy Dollar as New Zealand business confidence dropped sharply.
UK Manufacturing expanded for a third month in August, but slightly slower than estimated and Sterling is almost level with the Kiwi Dollar.
US Dollar stands South of the chart’s midpoint and it’s followed by the Swissie, which is almost level with the Single currency. Euro was sent South as German industrial production dropped.
Canadian building permits plummeted by a massive 27.3% and Loonie Dollar wraps up the advancers and decliners table.
Moving on to longer terms, Australia/Swissie tops the weekly advancers list and it has gained 1.4%. Sterling/Yen shows the biggest slide and it’s down by 1.67%.
Dollar/Swissie has appreciated the most over a month and it’s 4.31% in the positive territory. New Zealand/Dollar and Australia/Dollar both show similar declines and they are on top of the bearish table.
That concludes the Movers and Shakers for Tuesday. As usual, we’ll be returning tomorrow with the next report. Goodbye.
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