Let’s see what’s moving and shaking on the FX Markets at 3 PM GMT following ECB’s monetary policy announcement. Euro/New Zealand has been trending lower and decline puts the pair point 73% in the red, which is the day’s top move. Commodity currency trio is having a bullish day and Kiwi Dollar tops the table, trading point 37% up from the Loonie Dollar as Canadian housing starts disappointed, but new house price index increased more than expected. Australian trade surplus plummeted and Ozzy Dollar is close to level with the Greenback. US jobless claims were reported slightly higher than anticipated. Final Japanese GDP growth was revised lower and Japanese Yen is even with the Sterling, which is under pressure as UK elections are underway. The notoriously low Swiss unemployment rate stood unchanged at 3.2% and Swissie trades level with the Euro, at the bottom of the table. The ECB left monetary policy unchanged, while lowering inflation forecast and sending the Euro South. Past week has been bullish for a number of pairs as the whole top 5 shows gains that are close to the 2% mark. Euro/Australia is the top decliner over the same term and it’s the only pair that has lost more than 2%. New Zealand/Greenback has had a bullish month and the pair has shot up by 4.15%. Sterling/New Zealand is the top decliner with a similar drop. I’m Kiays Khalil and that’s how the 8 majors line up so far. Click back tomorrow for this week’s last report, but for now, goodbye.
Let’s see what’s moving and shaking on the FX Markets at 3 PM GMT following ECB’s monetary policy announcement.
Euro/New Zealand has been trending lower and decline puts the pair point 73% in the red, which is the day’s top move.
Commodity currency trio is having a bullish day and Kiwi Dollar tops the table, trading point 37% up from the Loonie Dollar as Canadian housing starts disappointed, but new house price index increased more than expected.
Australian trade surplus plummeted and Ozzy Dollar is close to level with the Greenback. US jobless claims were reported slightly higher than anticipated.
Final Japanese GDP growth was revised lower and Japanese Yen is even with the Sterling, which is under pressure as UK elections are underway.
The notoriously low Swiss unemployment rate stood unchanged at 3.2% and Swissie trades level with the Euro, at the bottom of the table.
The ECB left monetary policy unchanged, while lowering inflation forecast and sending the Euro South.
Past week has been bullish for a number of pairs as the whole top 5 shows gains that are close to the 2% mark. Euro/Australia is the top decliner over the same term and it’s the only pair that has lost more than 2%.
New Zealand/Greenback has had a bullish month and the pair has shot up by 4.15%. Sterling/New Zealand is the top decliner with a similar drop.
I’m Kiays Khalil and that’s how the 8 majors line up so far. Click back tomorrow for this week’s last report, but for now, goodbye.
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