ECB policy makers gather in Frankfurt for the much anticipated monetary policy meeting, which will be followed by an announcement tomorrow, so let’s see what’s moving and shaking among the FX majors. Euro/Canada shows the day’s top move, which is a decline of point 63%. Slide accelerated after 9 o’clock in the morning. US stock indexes have opened in the green and Loonie Dollar takes the top spot on the table, trading point 13% up from the Ozzy Dollar, which is having a bullish day, despite a slight contraction in MI Leading Index. Safe-haven Japanese Yen is mostly higher as well. Swiss Franc is trailed closely by the New Zealand and US Dollars. US Building permits and housing starts both were stronger than expected. UK Sterling is up only from the Single currency, which has given up some of the recent gains ahead of the monetary policy announcement by the ECB, which is scheduled tomorrow. Past week has been bullish for Australia/Greenback as the pair has gained 3.51%. Euro/Australia shows the top decline over the same term and it’s followed closely by Sterling/Australia. Canada/Yen tops the monthly bulls table with a gain of more than 5%. Dollar/Canada is the most bearish pair and the drop is approaching the 5% mark. I’m Celeste Skinner and this wraps up Movers and Shakers for Wednesday. Tune in once again tomorrow, but for now, goodbye.
ECB policy makers gather in Frankfurt for the much anticipated monetary policy meeting, which will be followed by an announcement tomorrow, so let’s see what’s moving and shaking among the FX majors.
Euro/Canada shows the day’s top move, which is a decline of point 63%. Slide accelerated after 9 o’clock in the morning.
US stock indexes have opened in the green and Loonie Dollar takes the top spot on the table, trading point 13% up from the Ozzy Dollar, which is having a bullish day, despite a slight contraction in MI Leading Index.
Safe-haven Japanese Yen is mostly higher as well.
Swiss Franc is trailed closely by the New Zealand and US Dollars. US Building permits and housing starts both were stronger than expected.
UK Sterling is up only from the Single currency, which has given up some of the recent gains ahead of the monetary policy announcement by the ECB, which is scheduled tomorrow.
Past week has been bullish for Australia/Greenback as the pair has gained 3.51%. Euro/Australia shows the top decline over the same term and it’s followed closely by Sterling/Australia.
Canada/Yen tops the monthly bulls table with a gain of more than 5%. Dollar/Canada is the most bearish pair and the drop is approaching the 5% mark.
I’m Celeste Skinner and this wraps up Movers and Shakers for Wednesday. Tune in once again tomorrow, but for now, goodbye.
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