The European trading session is coming to an end, so let’s look back at what’s been moving and shaking in the currency markets. New Zealand/Dollar is the mover of the day, having gained more than 1%. The rate shot up after 6 o’clock. Antipodes have held their ground, and, much like yesterday, New Zealand tops the Advancers and Decliners chart, up point 22% from the neighbouring Aussie. Sterling has resumed its rally, boosted by stronger UK retail sales dara, and it’s trading point 21% North from the Loonie. The rise of commodity currencies means less demand for safe havens, and Yen is trading mostly lower. The latest German Producer Price Index came in stronger than expected, but Euro is just a fraction up from the Swissie. And Greenback is the most bearish major ahead of the eagerly awaited Fed monetary policy statement. And Pound remains the top performer on the long-term charts, as Sterling/Yen is the most bullish pair on the weekly chart with a gain of 3.25%. Euro/Pound posts the biggest decline, namely, 1.7%. The very same instruments maintain their positions on the monthly chart, as Pound/Yen has gained 7.63% over a month and Euro/Pound stands 3.3% in the red. I’m Celeste Skinner and these were the Movers and Shakers for Wednesday. We’ll be back tomorrow to cover the latest developments, so check back.
The European trading session is coming to an end, so let’s look back at what’s been moving and shaking in the currency markets.
New Zealand/Dollar is the mover of the day, having gained more than 1%. The rate shot up after 6 o’clock.
Antipodes have held their ground, and, much like yesterday, New Zealand tops the Advancers and Decliners chart, up point 22% from the neighbouring Aussie.
Sterling has resumed its rally, boosted by stronger UK retail sales dara, and it’s trading point 21% North from the Loonie.
The rise of commodity currencies means less demand for safe havens, and Yen is trading mostly lower.
The latest German Producer Price Index came in stronger than expected, but Euro is just a fraction up from the Swissie.
And Greenback is the most bearish major ahead of the eagerly awaited Fed monetary policy statement.
And Pound remains the top performer on the long-term charts, as Sterling/Yen is the most bullish pair on the weekly chart with a gain of 3.25%. Euro/Pound posts the biggest decline, namely, 1.7%.
The very same instruments maintain their positions on the monthly chart, as Pound/Yen has gained 7.63% over a month and Euro/Pound stands 3.3% in the red.
I’m Celeste Skinner and these were the Movers and Shakers for Wednesday. We’ll be back tomorrow to cover the latest developments, so check back.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#221224
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more