Let’s find out what’s moving and shaking on the FX Markets at 3 PM GMT on this Thursday.
Sterling/Yen shot up half way through the session and the pair shows a total rise of point 61%, which is the day’s top move and it’s matched by Australia/Yen.
UK RICS House Price Balance improved and Sterling is on top of the advancers and decliners table.
A couple of commodity currencies trade mostly higher – Australian Dollar is a fraction up from the Loonie Dollar. Canadian new house price index was reported rising only a fraction.
German trade balance disappointed as surplus narrowed down and Euro is trailed closely by the Greenback. US jobless claims report was positive.
There are not a lot of things in this life as stable as Swiss jobless rate – it stood unchanged at 3.3% and Swissie is almost level with the New Zealand Dollar, which is the most bearish of the three commodity currencies on the table.
Safe-haven Japanese Yen is the most bearish of the 8 majors.
Weekly bulls table is led by Sterling/New Zealand and the pair has gained a total of 1.5%. New Zealand/Greenback is the top decliner and Euro/Sterling shows a similar slide.
Australia/Greenback has had a bullish month and the pair is up by close to 4%. Euro/Australia leads the bearish section, standing almost 3% in the red.
I’m Kiays Khalil and that’s all for Thursday’s Movers and Shakers, but do click back for this week’s final report. Goodbye.

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