We are heading towards weekend, so let’s find out what’s moving and shaking on the FX Markets at 3 o`clock. I`m Imogen Comrie. Euro/Australia has had a bullish day and the pair stands point 64% in the green, which is the biggest move. Euro is the most bullish of the 8 majors as the bloc’s industrial production rose more than expected. It’s followed closely by the Swiss Franc. US retail sales rose more than estimated in August, providing support for the Greenback. Sterling has seen increased volatility ahead of Scotland’s independence vote and it’s point 12% South of the Buck at the moment. Japanese Yen remains under pressure as investors speculate the Bank of Japan will continue to add monetary stimulus. We have the commodity currency at the bottom of the advancers and decliners table – New Zealand and Canadian Dollars trade in a close range and Australian Dollar is the most bearish of the 8 majors. Moving on to longer terms, Euro/Australia leads the weekly advancers table with an increase of 3.5%. Australia/Dollar has declined the most and it’s 3.56% in the red. Dollar/Yen has gained the most over a month and it’s up by a considerable 4.83%. New Zealand/Dollar shows the biggest slide and it has depreciated by 3.62%. This wraps up Friday’s Movers and Shakers. Have a nice weekend and join us again on Monday for more on the FX Markets. Goodbye.
We are heading towards weekend, so let’s find out what’s moving and shaking on the FX Markets at 3 o`clock. I`m Imogen Comrie.
Euro/Australia has had a bullish day and the pair stands point 64% in the green, which is the biggest move.
Euro is the most bullish of the 8 majors as the bloc’s industrial production rose more than expected.
It’s followed closely by the Swiss Franc.
US retail sales rose more than estimated in August, providing support for the Greenback.
Sterling has seen increased volatility ahead of Scotland’s independence vote and it’s point 12% South of the Buck at the moment.
Japanese Yen remains under pressure as investors speculate the Bank of Japan will continue to add monetary stimulus.
We have the commodity currency at the bottom of the advancers and decliners table – New Zealand and Canadian Dollars trade in a close range and Australian Dollar is the most bearish of the 8 majors.
Moving on to longer terms, Euro/Australia leads the weekly advancers table with an increase of 3.5%. Australia/Dollar has declined the most and it’s 3.56% in the red.
Dollar/Yen has gained the most over a month and it’s up by a considerable 4.83%. New Zealand/Dollar shows the biggest slide and it has depreciated by 3.62%.
This wraps up Friday’s Movers and Shakers. Have a nice weekend and join us again on Monday for more on the FX Markets. Goodbye.
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