10.07.2017 – Movers and Shakers by Dukascopy
July 10, 2017 3:38 pmVideo
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It’s 3 PM GMT on this Monday, and it’s time to look back at what’s been moving and shaking in the forex markets.
The start of the week has actually been quite calm, as the biggest move of the day was point 35%, and it was posted by Dollar/Swiss Franc.
Two North American currencies are the most bullish majors, with Greenback trading a fraction up from the neighbouring Loonie.
The latest German trade data showed a pick up in exports, and Euro stands slightly higher than Aussie.
Moving a fraction lower, we get to Yen, which is trading level with Kiwi.
And Sterling finds itself near the bottom of the Advancers and Decliners table, but it is point 13% up from the Swissie.
And here’s how things look in the long-term charts. Canada/Yen has gained most over a week, and it’s up by 2.38%, while Australia/Canada has lost 1.7% over the same period, and it’s the most bearish instrument.
Canada/Yen also retains the top sport on the monthly chart with a gain of 9.34%, and Pound/Canada posts the biggest decline, namely, 5.17%.
I’m Kiays Khalil and these were the Movers and Shakers for Monday. Check back in tomorrow for the next overview.
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