It’s 3 PM GMT on this Wednesday, so let’s look back at what’s been moving and shaking in the currency markets. As usual, we start with the mover of the day, which is New Zealand/Dollar. The pair jumped after 12 o’clock, gaining a total of point 8%. The Antipodes have held the ground they gained yesterday, and Kiwi is the most bullish major, up point 14% from the Aussie. The latest UK labour report showed mixed results, but Pound is a fraction up from the Yen. Swissie is trading mostly lower ahead of tomorrow’s Swiss National Bank meeting, and it’s almost level with Loonie. Euro Zone industrial output picked up speed in October, but the Common Currency is down against most majors. The Greenback has been rocked by political upheavals in the United States, and it’s the most bearish of the 8 majors. And Kiwi is also going strong on the weekly chart, as New Zealand/Canada is the top performer with a gain of 2.85%. Euro/New Zealand posts the biggest decline, namely, 1.66%. Pound/Canada is the most bullish pair in monthly terms, having gained 2.91%, and Australia/New Zealand is the most bearish instrument, having lost 1.59%. You’ve been watching the Movers and Shakers report for Wednesday. I’m Kiays Khalil and we’ll be back tomorrow with the next overview. See you then.
It’s 3 PM GMT on this Wednesday, so let’s look back at what’s been moving and shaking in the currency markets.
As usual, we start with the mover of the day, which is New Zealand/Dollar. The pair jumped after 12 o’clock, gaining a total of point 8%.
The Antipodes have held the ground they gained yesterday, and Kiwi is the most bullish major, up point 14% from the Aussie.
The latest UK labour report showed mixed results, but Pound is a fraction up from the Yen.
Swissie is trading mostly lower ahead of tomorrow’s Swiss National Bank meeting, and it’s almost level with Loonie.
Euro Zone industrial output picked up speed in October, but the Common Currency is down against most majors.
The Greenback has been rocked by political upheavals in the United States, and it’s the most bearish of the 8 majors.
And Kiwi is also going strong on the weekly chart, as New Zealand/Canada is the top performer with a gain of 2.85%. Euro/New Zealand posts the biggest decline, namely, 1.66%.
Pound/Canada is the most bullish pair in monthly terms, having gained 2.91%, and Australia/New Zealand is the most bearish instrument, having lost 1.59%.
You’ve been watching the Movers and Shakers report for Wednesday. I’m Kiays Khalil and we’ll be back tomorrow with the next overview. See you then.
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