08.01.2018 – Movers and Shakers by Dukascopy
January 8, 2018 3:40 pmVideo
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It’s 3 PM GMT on this Monday, so let’s take a look at the FX Movers and Shakers.
Euro/Yen’s day has been bearish and the pair has lost a total of point 69%, which is the biggest move so far.
Japan enjoys a market holiday as Coming of Age Day is observed and Yen is the most bullish of the 8 majors.
New Zealand Dollar trades mostly higher and it’s almost level with the Greenback.
Swiss Producer Price Index stood level month on month and Swissie is just slightly North of the Sterling. UK Halifax house price index disappointed with a monthly drop of point 6%.
Australian Dollar is just slightly up from the Loonie Dollar ahead of the publication of the Bank of Canada business outlook survey.
Single currency wraps up the table as German factory orders disappointed, but Euro Zone investor confidence and retail sales both were positive.
Past week has been bullish for the Canada/Yen, which shows the top advance of 1.45%. Euro/Canada is the most bearish pair with a drop of 1.24%.
New Zealand/Yen has gained the most ground over the past month and it’s 4.79% in the green. Sterling/New Zealand tops the bearish table with a slide of 2.79%.
I’m Jessica Walker and that’s all for Monday’s Movers and Shakers, but do click back tomorrow for the next report. Goodbye.
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