Dukascopy Forex TV Team is back with yet another Movers and Shakers report. I`m Ben Jones and here`s how the 8 major currencies have performed so far on Tuesday. Sterling/Yen moved sharply down after 8 o`clock and a loss of point 84% was posted at 3 PM GMT, marking the day’s biggest move. A couple of safe-havens are on top of the advancers and decliners table. Japanese Yen is the most bullish of the 8 majors and it’s only a fraction up from the US Dollar. They are followed by the commodity currency trio. New Zealand Dollar is point 13% up from the Canadian Dollar and point 21% up from the Australian Dollar, which is the most bearish of the three commodity currencies as NAB business confidence declined. Swiss Franc trades in a narrow range with the Euro, which is mostly South as the bloc’s industrial production dropped and German government lowered economic outlook for this and the next year. Wrapping up the advancers and decliners table is the UK Sterling, which was sent lower as UK inflation slowed down to a five year low. Let’s move on to longer terms, where Euro/Sterling tops the weekly bulls chart and it’s followed closely by New Zealand/Dollar. Sterling/Yen has declined the most over the same term, standing 2.82% in the red. Sterling/Australia and Sterling/New Zealand both show a similar increase on the monthly bulls table. Australia/Dollar and New Zealand/Dollar are the most bearish pairs. This brings Tuesday`s Movers and Shakers to an end. Check back tomorrow for the next report, but for now, goodbye.
Dukascopy Forex TV Team is back with yet another Movers and Shakers report. I`m Ben Jones and here`s how the 8 major currencies have performed so far on Tuesday.
Sterling/Yen moved sharply down after 8 o`clock and a loss of point 84% was posted at 3 PM GMT, marking the day’s biggest move.
A couple of safe-havens are on top of the advancers and decliners table. Japanese Yen is the most bullish of the 8 majors and it’s only a fraction up from the US Dollar.
They are followed by the commodity currency trio. New Zealand Dollar is point 13% up from the Canadian Dollar and point 21% up from the Australian Dollar, which is the most bearish of the three commodity currencies as NAB business confidence declined.
Swiss Franc trades in a narrow range with the Euro, which is mostly South as the bloc’s industrial production dropped and German government lowered economic outlook for this and the next year.
Wrapping up the advancers and decliners table is the UK Sterling, which was sent lower as UK inflation slowed down to a five year low.
Let’s move on to longer terms, where Euro/Sterling tops the weekly bulls chart and it’s followed closely by New Zealand/Dollar. Sterling/Yen has declined the most over the same term, standing 2.82% in the red.
Sterling/Australia and Sterling/New Zealand both show a similar increase on the monthly bulls table. Australia/Dollar and New Zealand/Dollar are the most bearish pairs.
This brings Tuesday`s Movers and Shakers to an end. Check back tomorrow for the next report, but for now, goodbye.
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