This trading week is drawing closer to an end so let`s find out what has been moving and shaking so far on the currency markets. I`m Ben Jones. Sterling/Australia started moving lower after 6:40 AM and the pair stands point 77% in the red, which is the day’s biggest move. Commodity currency trio leads the advancers and decliners table and Australian Dollar is the most bullish major as the RBA released statement on monetary policy earlier in the day. Canadian Dollar was boosted by positive domestic employment report and it’s just slightly up from the New Zealand Dollar. Safe-haven Japanese Yen is almost level with the Swissie as Swiss Retail sales growth was reported slowing down sharply. Single currency is having a generally bearish day and it’s just slightly South of the Swiss Franc. US unemployment rate declined, but Greenback is near the bottom of the table and up only from the Sterling as UK trade deficit was reported expanding more than estimated. Let’s take a look at longer terms, where Dollar/Yen tops the weekly bulls chart with an increase of 2.56%. Australia/Dollar is the most bearish pair and it’s 2% in the red. Dollar/Yen has appreciated the most over a month as well and the rise measures at 6.35%. Euro/Dollar leads the decliners section and it’s down by 2.37%. That`s it for Friday`s Movers and Shakers. Have a nice weekend and check back on Monday for full coverage of the FX markets. Goodbye.
This trading week is drawing closer to an end so let`s find out what has been moving and shaking so far on the currency markets. I`m Ben Jones.
Sterling/Australia started moving lower after 6:40 AM and the pair stands point 77% in the red, which is the day’s biggest move.
Commodity currency trio leads the advancers and decliners table and Australian Dollar is the most bullish major as the RBA released statement on monetary policy earlier in the day.
Canadian Dollar was boosted by positive domestic employment report and it’s just slightly up from the New Zealand Dollar.
Safe-haven Japanese Yen is almost level with the Swissie as Swiss Retail sales growth was reported slowing down sharply.
Single currency is having a generally bearish day and it’s just slightly South of the Swiss Franc.
US unemployment rate declined, but Greenback is near the bottom of the table and up only from the Sterling as UK trade deficit was reported expanding more than estimated.
Let’s take a look at longer terms, where Dollar/Yen tops the weekly bulls chart with an increase of 2.56%. Australia/Dollar is the most bearish pair and it’s 2% in the red.
Dollar/Yen has appreciated the most over a month as well and the rise measures at 6.35%. Euro/Dollar leads the decliners section and it’s down by 2.37%.
That`s it for Friday`s Movers and Shakers. Have a nice weekend and check back on Monday for full coverage of the FX markets. Goodbye.
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