It’s the end of the trading week, so let’s find out what’s moving and shaking on the FX markets. Sterling/Yen has had an extremely bullish session and the pair has shot up by a massive 2.4% to post the day’s biggest move. The Bank of England signaled yesterday interest rates could be increased in coming months and Sterling is having a bullish run. Kiwi Dollar is mostly higher and it’s a lot stronger than the other two commodity currencies on the table. Euro Zone trade surplus narrowed down sharply and Single currency is point 3% up from the Swiss Franc. Australian Dollar is almost level with the Buck as US retail sales showed a disappointing picture. Loonie Dollar is near the bottom of the table and quite a bit of from the most bearish major. North Korea has fired yet another missile over Japan and Yen has taken a hit. Sterling/Yen has been on a sharp rise over the past week and the surge has resulted in a massive gain of 5.86%. Euro/Sterling shows the top decline and the pair has lost 3.36%. Sterling/Yen is on top of the monthly bulls table as well and it’s 5.64% in the green. Dollar/Canada has declined the most and it’s 4.14% in the red. I’m Celeste Skinner and these were the Movers and Shakers for Friday. Tune in on Monday to see what’s happening on the markets, but till then, goodbye.
It’s the end of the trading week, so let’s find out what’s moving and shaking on the FX markets.
Sterling/Yen has had an extremely bullish session and the pair has shot up by a massive 2.4% to post the day’s biggest move.
The Bank of England signaled yesterday interest rates could be increased in coming months and Sterling is having a bullish run.
Kiwi Dollar is mostly higher and it’s a lot stronger than the other two commodity currencies on the table.
Euro Zone trade surplus narrowed down sharply and Single currency is point 3% up from the Swiss Franc.
Australian Dollar is almost level with the Buck as US retail sales showed a disappointing picture.
Loonie Dollar is near the bottom of the table and quite a bit of from the most bearish major.
North Korea has fired yet another missile over Japan and Yen has taken a hit.
Sterling/Yen has been on a sharp rise over the past week and the surge has resulted in a massive gain of 5.86%. Euro/Sterling shows the top decline and the pair has lost 3.36%.
Sterling/Yen is on top of the monthly bulls table as well and it’s 5.64% in the green. Dollar/Canada has declined the most and it’s 4.14% in the red.
I’m Celeste Skinner and these were the Movers and Shakers for Friday. Tune in on Monday to see what’s happening on the markets, but till then, goodbye.
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