09.01.2018 – Movers and Shakers by Dukascopy
January 9, 2018 3:54 pmVideo
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It’s 3PM GMT so let’s see what’s been moving and shaking on the FX markets today.
Swissie/Yen is the mover of the day as the pair has lost almost 1% in a sharp decline that has lasted through most of the session.
Japanese consumer confidence slipped, but Yen tops the table as trading resumes in Japan after a three day long weekend.
Greenback is trailed closely by the New Zealand Dollar, which is the most bullish of the three commodity currencies on the table.
Canadian housing starts were soft and Loonie Dollar is point 24% South of the Kiwi Dollar.
German and Euro Zone data was positive, but Single currency is near the bottom of the table and almost even with the Sterling, which was dragged lower by the UK Cabinet Reshuffle.
Australian building approvals jumped by double digits, but Ozzy Dollar is the most bearish of the three commodity currencies.
Swiss unemployment rate declined and drop of retail sales slowed down sharply, but Swissie wraps up the table.
Canada/Swissie leads the weekly bulls chart and New Zealand/Swissie shows a similar increase as well. Euro/Canada is the top decliner over the same term, standing 1.6% in the red.
New Zealand/Yen has had a bullish month and the pair has appreciated by 4.59%. Sterling/New Zealand and Euro/New Zealand both have declined by an even 3.04%.
I’m Jessica Walker and these were the movers and shakers for Tuesday. Tune in tomorrow so see what’s happening on the FX markets, see you then.
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