This trading day is getting near the end, so let’s look back at what’s been moving and shaking in the markets. We start with the Mover of the Day, and it’s none other than the Cable with a decline of point 62 percent. The pair was trading lower for most of the day, but it saw a really strong drop after 2 PM GMT. And what happened at 2 PM was that the latest US Job Openings data came out, surprising very much on the upside and placing the Buck at the top of the Advancers and decliners table, albeit by a razor-thin margin. Japanese current account surplus widened in June, and Yen is point 15% up from Loonie. Swiss unemployment rate stood unchanged in July and, even though it probably is not the most crucial piece of data for the Swissie, it still stands point 11% up from the Loonie. Euro has had a bit of a bearish day, and it’s just a fraction up from the Kiwi, which is trading lower ahead of tomorrow’s Reserve Bank of New Zealand policy statement. And the growing Brexit uncertainty keeps pushing the Pound lower, as it’s the most bearish major. The Common Currency, however, still is going strong on the weekly chart, as Euro/New Zealand is the top performer with a gain of 2.78%. New Zealand/Yen has lost 2.65% over the same period, making it the most bearish instrument. As to the monthly chart, Australia/Swiss Franc takes the top position, standing 5.3% in the green, and Pound/Australia posts the strongest decline, namely, 3.72%. I’m Jessica Walker and these were the Movers and Shakers for Tuesday. Check back in tomorrow for our ongoing coverage of the forex markets.
This trading day is getting near the end, so let’s look back at what’s been moving and shaking in the markets.
We start with the Mover of the Day, and it’s none other than the Cable with a decline of point 62 percent. The pair was trading lower for most of the day, but it saw a really strong drop after 2 PM GMT.
And what happened at 2 PM was that the latest US Job Openings data came out, surprising very much on the upside and placing the Buck at the top of the Advancers and decliners table, albeit by a razor-thin margin.
Japanese current account surplus widened in June, and Yen is point 15% up from Loonie.
Swiss unemployment rate stood unchanged in July and, even though it probably is not the most crucial piece of data for the Swissie, it still stands point 11% up from the Loonie.
Euro has had a bit of a bearish day, and it’s just a fraction up from the Kiwi, which is trading lower ahead of tomorrow’s Reserve Bank of New Zealand policy statement.
And the growing Brexit uncertainty keeps pushing the Pound lower, as it’s the most bearish major.
The Common Currency, however, still is going strong on the weekly chart, as Euro/New Zealand is the top performer with a gain of 2.78%. New Zealand/Yen has lost 2.65% over the same period, making it the most bearish instrument.
As to the monthly chart, Australia/Swiss Franc takes the top position, standing 5.3% in the green, and Pound/Australia posts the strongest decline, namely, 3.72%.
I’m Jessica Walker and these were the Movers and Shakers for Tuesday. Check back in tomorrow for our ongoing coverage of the forex markets.
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