It’s 3 PM GMT; let’s look back at what’s been moving and shaking in the currency markets. New Zealand/Dollar has been moving lower for most of the last 15 hours, losing a total of point 83%, which makes it the mover of the day. Greenback did receive a boost from several pieces of good data, such as growing retail sales and a strong surge in Empire State Manufacturing Index, and it’s the most bullish major. The latest Swiss Producer Price Index came in line with expectations, and Swissie is point 1% up from the Loonie. A number of currencies are trading within a narrow range from each other, with Euro being marginally higher than Aussie. Japanese June industrial output has been revised upwards, and it is point 2% up from the Sterling, which took a hit as the UK inflation stalled, making a rate hike less likely. And Kiwi Dollar is trading just a fraction lower, but it still is at the bottom of the Advancers and Decliners table. Moving on to long-term charts, Euro/New Zealand has gained the most over a week, namely, 1.88%, while New Zealand/Yen tops the bearish chart with a decline of 2.31%. Euro/Swiss Franc is the top performer in monthly terms, standing 3.55% in the green, and Swiss Franc/Yen has lost almost 3% over the same period, which makes it the most bearish instrument. You’ve been watching Tuesday’s Movers and Shakers with me, Jessica Walker. We’ll be right back tomorrow, but until then, goodbye.
It’s 3 PM GMT; let’s look back at what’s been moving and shaking in the currency markets.
New Zealand/Dollar has been moving lower for most of the last 15 hours, losing a total of point 83%, which makes it the mover of the day.
Greenback did receive a boost from several pieces of good data, such as growing retail sales and a strong surge in Empire State Manufacturing Index, and it’s the most bullish major.
The latest Swiss Producer Price Index came in line with expectations, and Swissie is point 1% up from the Loonie.
A number of currencies are trading within a narrow range from each other, with Euro being marginally higher than Aussie.
Japanese June industrial output has been revised upwards, and it is point 2% up from the Sterling, which took a hit as the UK inflation stalled, making a rate hike less likely.
And Kiwi Dollar is trading just a fraction lower, but it still is at the bottom of the Advancers and Decliners table.
Moving on to long-term charts, Euro/New Zealand has gained the most over a week, namely, 1.88%, while New Zealand/Yen tops the bearish chart with a decline of 2.31%.
Euro/Swiss Franc is the top performer in monthly terms, standing 3.55% in the green, and Swiss Franc/Yen has lost almost 3% over the same period, which makes it the most bearish instrument.
You’ve been watching Tuesday’s Movers and Shakers with me, Jessica Walker. We’ll be right back tomorrow, but until then, goodbye.
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