20.10.2017 – Movers and Shakers by Dukascopy
October 20, 2017 2:32 pmVideo
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This has been a volatile week on the FX markets, so let’s see where the 8 majors stand at 3 PM GMT on this Friday.
Sterling/Canada is the mover of the day with a gain of more than 1%. Sharpest rise took place only after noon GMT.
UK public sector net borrowing increased, but less than estimated and investors were happy with Theresa May’s remarks at the EU summit, sending the Sterling to the top of the table.
Greenback is also having a bullish session and it’s only slightly South of the top advancer.
Euro Zone current account surplus expanded more than expected and Euro is up against most of the rivals.
Australian Dollar is the most bullish of the three commodity currencies and it’s almost level with the Japanese Yen and the Swiss Franc.
New Zealand Dollar is up only from the Loonie Dollar, which wraps up the advancers and decliners table as Canadian retail sales and CPI both disappointed.
Weekly advancers table is led by Euro/New Zealand with a gain of 2.45%. New Zealand/Greenback tops the decliners section with a slide of 2.88%.
Euro/New Zealand has gained the most ground over the past month as well and the pair is up by almost 4%. New Zealand/Greenback is the most bearish pair and it’s 5.38% in the red.
I’m Jack Everitt and these were the Dukascopy Movers and Shakers for Friday. Have a nice weekend and click back for more on Monday. Goodbye.
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