12.10.2017 – Movers and Shakers by Dukascopy
October 12, 2017 4:05 pmVideo
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Here’s what’s moving and shaking on the FX markets at 3 o`clock PM on this Thursday.
Sterling has been on a sharp decline against the New Zealand Dollar and the pair stands point 87% in the red, which is the day’s top move.
A couple of commodity currencies show bullish performance and Kiwi Dollar is a fraction up from the neighboring Ozzy Dollar as Australian inflation expectations accelerated and home loans grew.
Japanese Yen is up against most of the rivals and it’s almost level with the Greenback. US jobless claims report surprised on the upside earlier in the day.
Euro Zone industrial production was stronger than expected and Single currency is slightly North of the Loonie Dollar as Canadian new housing price index was softer than estimated.
Swiss Franc is up only from the UK Sterling, which sits at the bottom of the table, sent sharply lower on report Brexit talks have reached a deadlock.
Past week has been bullish for the Euro/New Zealand, which has gained 1.27%. New Zealand/Canada shows the top decline, standing just point 58% in the red.
Dollar/Canada has gained the most ground over the past month and it’s up by 2.84%. Australia/Dollar has had a bearish run and the pair has lost 2.78%.
I’m Kiays Khalil and these were Thursday’s Movers and Shakers. We`ll be back tomorrow with this week’s last release, but for now, goodbye.
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