Here’s what’s been moving and shaking on the FX markets so far on Tuesday, 20th of June. Sterling/New Zealand is the mover of the day with a drop of more than 1% as the pair took a sharp decline after 7 o’clock in the morning. US stocks are slightly in the red, but a commodity currency Kiwi Dollar tops the table ahead of the RBNZ monetary policy statement, which is scheduled tomorrow. Swiss Franc and Japanese Yen both seem to benefit from safe-haven flows as they trade in a close range and near the top of the chart. US current account deficit rose, but not as much as anticipated and Greenback is trailed closely by a couple of majors. RBA meeting minutes were released early in the session and Australian Dollar is almost even with the Single currency as Euro Zone current account surplus plummeted. Sliding oil puts Loonie Dollar under pressure and it’s up only from the UK Sterling, which wraps up the table as Bank of England Governor Mark Carney said he is still worried about the impact of Brexit on economy. Weekly bulls chart is led by Canada/Yen and the pair has gained 2%. Sterling/Canada shows a similar decline and it’s the most bearish instrument. New Zealand/Yen has gained the most ground over a month and it’s up by 4.64%. Sterling/Zealand has depreciated the most, standing a massive 6.8% in the red. I’m Kiays Khalil and that’s it for Tuesday’s Movers and Shakers. We`ll be back tomorrow with another report, but for now, goodbye.
Here’s what’s been moving and shaking on the FX markets so far on Tuesday, 20th of June.
Sterling/New Zealand is the mover of the day with a drop of more than 1% as the pair took a sharp decline after 7 o’clock in the morning.
US stocks are slightly in the red, but a commodity currency Kiwi Dollar tops the table ahead of the RBNZ monetary policy statement, which is scheduled tomorrow.
Swiss Franc and Japanese Yen both seem to benefit from safe-haven flows as they trade in a close range and near the top of the chart.
US current account deficit rose, but not as much as anticipated and Greenback is trailed closely by a couple of majors.
RBA meeting minutes were released early in the session and Australian Dollar is almost even with the Single currency as Euro Zone current account surplus plummeted.
Sliding oil puts Loonie Dollar under pressure and it’s up only from the UK Sterling, which wraps up the table as Bank of England Governor Mark Carney said he is still worried about the impact of Brexit on economy.
Weekly bulls chart is led by Canada/Yen and the pair has gained 2%. Sterling/Canada shows a similar decline and it’s the most bearish instrument.
New Zealand/Yen has gained the most ground over a month and it’s up by 4.64%. Sterling/Zealand has depreciated the most, standing a massive 6.8% in the red.
I’m Kiays Khalil and that’s it for Tuesday’s Movers and Shakers. We`ll be back tomorrow with another report, but for now, goodbye.
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