September has brought increased volatility to currency markets, so let’s find out what’s moving and shaking on this Tuesday. I`m Imogen Comrie. Most of the day has been bearish for the New Zealand/Canada and the pair stands point 45% in the red, which is the day’s biggest move. Canadian factory sales surged by a solid two and a half percent in July and Loonie Dollar tops the advancers and decliners table. Swissie was rising against the Euro and the pair was moving closer to the SNB’s red line of 1.20, but some of the gain has been given up. The safe-haven Japanese Yen is level with the commodity currency Ozzy Dollar and the Greenback as FOMC starts a two day monetary policy meeting. Sterling has been under pressure ahead of Scotland’s referendum and it took another hit as UK inflation slowed down in August. By far the most bearish major is the Kiwi dollar, which stands point 21% South of the neighboring Ozzy Dollar. Before we wrap up this report, let’s take a look at longer term moves. Euro/Australia shows the biggest rise over a week and it’s 3.72% in the green. Australia/Dollar leads the bearish section and it’s down by 3.65%. Dollar/Yen has gained the most over a month and it’s up by a solid 4.69%. New Zealand/Dollar is the most bearish pair and it’s 3.59% in the red. That’s it for Tuesday’s Movers and Shakers. We`ll return tomorrow with another report, but for now, goodbye.
September has brought increased volatility to currency markets, so let’s find out what’s moving and shaking on this Tuesday. I`m Imogen Comrie.
Most of the day has been bearish for the New Zealand/Canada and the pair stands point 45% in the red, which is the day’s biggest move.
Canadian factory sales surged by a solid two and a half percent in July and Loonie Dollar tops the advancers and decliners table.
Swissie was rising against the Euro and the pair was moving closer to the SNB’s red line of 1.20, but some of the gain has been given up.
The safe-haven Japanese Yen is level with the commodity currency Ozzy Dollar and the Greenback as FOMC starts a two day monetary policy meeting.
Sterling has been under pressure ahead of Scotland’s referendum and it took another hit as UK inflation slowed down in August.
By far the most bearish major is the Kiwi dollar, which stands point 21% South of the neighboring Ozzy Dollar.
Before we wrap up this report, let’s take a look at longer term moves. Euro/Australia shows the biggest rise over a week and it’s 3.72% in the green. Australia/Dollar leads the bearish section and it’s down by 3.65%.
Dollar/Yen has gained the most over a month and it’s up by a solid 4.69%. New Zealand/Dollar is the most bearish pair and it’s 3.59% in the red.
That’s it for Tuesday’s Movers and Shakers. We`ll return tomorrow with another report, but for now, goodbye.
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