These are the FX Movers and Shakers for this week’s first trading day, 16th of January. Sterling/New Zealand is the mover of the day with an increase of point 67% as the pair retreated from the daily high. The Cable dropped below the 1.20 level earlier in the session, but Sterling has somewhat recovered and it’s the most bullish of the 8 majors on the table. Japanese Preliminary Machine tool orders rose by 4.4% year on year and Yen is point 16% South of the top advancer. US markets are closed for a holiday and Greenback is followed closely by the Swiss Franc. Canadian Dollar is the most bullish of the three commodity currencies on the table and it’s slightly up from the Single currency as Euro Zone trade surplus expended, but less than expected. Antipodes are having a bearish day and New Zealand Dollar is level with the neighboring Australian Dollar. Moving on to longer term performance charts, Euro/Sterling has gained most ground over a week and it’s up by 2.53%. Sterling/Yen is the top decliner and Sterling/Australia shows a similar slide as well. Euro/Sterling has had a bullish month and the pair is up by almost 5%. Sterling/Yen leads the bearish section, standing 5.79% in the red. I’m Kiays Khalil and that’s it for Monday’s Movers and Shakers. Tune in tomorrow for the next report, but for now, goodbye.
These are the FX Movers and Shakers for this week’s first trading day, 16th of January.
Sterling/New Zealand is the mover of the day with an increase of point 67% as the pair retreated from the daily high.
The Cable dropped below the 1.20 level earlier in the session, but Sterling has somewhat recovered and it’s the most bullish of the 8 majors on the table.
Japanese Preliminary Machine tool orders rose by 4.4% year on year and Yen is point 16% South of the top advancer.
US markets are closed for a holiday and Greenback is followed closely by the Swiss Franc.
Canadian Dollar is the most bullish of the three commodity currencies on the table and it’s slightly up from the Single currency as Euro Zone trade surplus expended, but less than expected.
Antipodes are having a bearish day and New Zealand Dollar is level with the neighboring Australian Dollar.
Moving on to longer term performance charts, Euro/Sterling has gained most ground over a week and it’s up by 2.53%. Sterling/Yen is the top decliner and Sterling/Australia shows a similar slide as well.
Euro/Sterling has had a bullish month and the pair is up by almost 5%. Sterling/Yen leads the bearish section, standing 5.79% in the red.
I’m Kiays Khalil and that’s it for Monday’s Movers and Shakers. Tune in tomorrow for the next report, but for now, goodbye.
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