19.12.2017 – Movers and Shakers by Dukascopy
December 19, 2017 3:41 pmVideo
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Let’s see what has been moving and shaking on the Forex markets this Tuesday.
Euro/Canada rose after 9 AM and the pair stands point 46% in the green, which is the day’s top move.
German IFO business climate slipped, but Single currency is having a bullish session.
US data was positive, building permits and housing starts both surprised on upside, providing support for the Greenback.
Antipodes trade in a narrow range. Ozzy Dollar is almost even with the neighboring Kiwi Dollar. RBA meeting minutes highlighted slow income growth risks and New Zealand business confidence remained well in the red.
Swiss franc is almost even with the Japanese Yen and the Sterling as Brexit remains a drag.
Loonie Dollar wraps up the advancers and decliners table.
New Zealand/Canada is the top advancer over the past week and a couple more pairs have appreciated by more than 2%. Sterling/New Zealand shows the top decline and it’s 2.54% in the red.
New Zealand/Canada has had a bullish month and the pair is up by 2.37%. Euro/New Zealand is the most bearish instrument and it’s down by 1.51%.
I’m Jessica Walker and you’ve been watching the Movers and Shakers for Tuesday. We’ll be back tomorrow, but for now, goodbye.
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