13.09.2017 – Movers and Shakers by Dukascopy
September 13, 2017 3:33 pmVideo
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You’re watching the Dukascopy FX Movers and Shakers Report for Wednesday. Here’s how the 8 major currencies line up at 3 PM GMT.
Most of the currencies have stayed in relatively narrow ranges and Euro/Dollar is the top mover with a decline of point 49% as the pair moved sharply south after noon GMT.
Apple Inc stock price has slipped below the 160 US Dollar level as the company skips model 9 to head straight for the X. As Microsoft’s Joe Belfiore famously joked, Windows 10 was released, because Windows 7 8 9. Let’s hope we find out.
While the US stock indexes opened slightly lower, Greenback tops the advancers and decliners table. US PPI report was softer than estimated.
Rising Oil prices have provided support for the Loonie Dollar, which is up against most of the rivals.
Safe-haven Japanese Yen trades in an extremely narrow range with the Australian Dollar.
New Zealand Dollar is the most bearish of the three commodity currencies on the table and it is trailed closely by the Swiss Franc.
UK employment repot was positive, but Sterling is up only from the Single currency, which wraps up the advancers and decliners table.
Weekly bulls chart is led by Sterling/Yen and the pair has gained 2.74%. Euro/Sterling is the top decliner and it’s down by 1.34%.
Canada/Yen has had a bullish month and gain is approaching the 5% mark. New Zealand/Canada has depreciated the most, standing 4.47% in the red.
I’m Jessica Walker and that’s what has been moving and shaking on the currency markets this Wednesday. We’ll be back tomorrow to cover the latest developments, so see you then.
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