Trump is in most of the headlines on this Tuesday and US stock indexes opened slightly in the green to turn red shortly afterwards, so let’s see what’s moving and shaking on the FX Markets.
Euro /New Zealand had had a bullish session and the pair has gained close to 1% to post the day’s biggest move.
Euro Zone Flash first quarter GDP expanded by a half a percent quarter on quarter and ZEW economic sentiment jumped to 35.1, putting Single currency on top spot of the table, as it rose above the 1 10 level against the Buck.
Euro is trailed closely by the Swiss Franc, which is point 39% up from the Japanese Yen.
Canadian Dollar is almost even with the Ozzy Dollar Dollar. RBA monetary policy meeting minutes brought no surprises.
UK inflation was reported accelerating more than estimated and Sterling is a fraction up from the Greenback. US building permits and housing starts both disappointed.
Kiwi Dollar wraps up the advancers and decliners table.
Moving on to longer term performance charts, Euro/Yen shows the top gain, standing 1.53% in the green. Sterling/Canada has declined the most and it’s more than 1% in the red.
Euro/Yen has had a bullish month and the pair has shot up by more than 8%. Canada/Swissie is the top decliner with a slide of 4.07%.
I’m Jack Everitt and this brings Tuesday’s Movers and Shakers to an end. Check back for Wednesday’s report, but for now, goodbye.
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