18.05.2017 – Movers and Shakers by Dukascopy
May 18, 2017 3:39 pmVideo
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US stocks have rebounded after yesterday’s sell off, so let’s find out what’s moving and shaking on the FX Markets at 3 PM GMT.
Sterling/New Zealand is the mover of the day with a gain of point 53% and all of it was posted as the rate rose sharply on positive UK retail sales numbers.
Sales surprised on upside with a strong monthly gain of 2.3% and Sterling is the most bullish major at the moment.
Loonie Dollar trades up against most of the rivals as traders anticipate a couple of key Canadian releases scheduled tomorrow – both the CPI and retail sales.
US jobless claims report was positive and Philly Fed Manufacturing Index rose sharply, providing support for the Greenback.
Swiss Franc trades in a close range with a number of majors and Ozzy Dollar is one of them. Australian employment change jumped and jobless rate dropped to 5.7%.
Japanese Yen sees safe-haven flows dry up and it’s point 24% up from the Single currency, which has given up some of the recent gains against the Buck.
New Zealand Dollar wraps up the advancers and decliners table.
Euro/Dollar’s bullish week has resulted in a top gain, which is 2.24%. Dollar/Swissie has meanwhile depreciated by 2.79%.
Euro/Yen stands on top of the monthly bulls chart with a gain of more than 6%. Canada/Swissie is the most bearish pair and it’s 3.73% in the red.
I’m Jack Everitt and these were the Movers and Shakers for Thursday. Do click back for this week’s last report, but for now, goodbye.
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