US Senate approved the tax-cut legislation, sending the S&P 500 to an all time high, so let’s see how this reflects on the FX markets. Australia/Yen posted most of the gains after 7 AM and the pair stands point 42% in the green, which is the day’s top move. Australian Dollar trades on top of the table, followed closely by the Loonie Dollar as Canadian wholesale sales jumped by 1 and a half percent month on month. UK CBI realized sales survey balance declined more than expected, but Sterling is up against most of the rivals and it’s almost level with the Single currency. Euro Zone current account surplus was reported dropping sharply. New Zealand GDP report is scheduled later in the session and Kiwi Dollar is trailed by the Buck. Swiss Franc is up only from the Japanese Yen, which sits at the bottom of the advancers and decliners table. Moving on to longer term performance charts, Australia/New Zealand tops the weekly bulls table and it’s trailed closely by Euro/New Zealand. Sterling/Australia is the top decliner with a drop of point 57%. New Zealand/Yen has had a bullish run over the past month and it’s the only pair that’s up by more than 3%. Euro/New Zealand has depreciated the most, standing 1.39% in the red. I’m Kiays Khalil and you’ve been watching the movers and shakers for Wednesday. Click back tomorrow, but for now, goodbye.
US Senate approved the tax-cut legislation, sending the S&P 500 to an all time high, so let’s see how this reflects on the FX markets.
Australia/Yen posted most of the gains after 7 AM and the pair stands point 42% in the green, which is the day’s top move.
Australian Dollar trades on top of the table, followed closely by the Loonie Dollar as Canadian wholesale sales jumped by 1 and a half percent month on month.
UK CBI realized sales survey balance declined more than expected, but Sterling is up against most of the rivals and it’s almost level with the Single currency. Euro Zone current account surplus was reported dropping sharply.
New Zealand GDP report is scheduled later in the session and Kiwi Dollar is trailed by the Buck.
Swiss Franc is up only from the Japanese Yen, which sits at the bottom of the advancers and decliners table.
Moving on to longer term performance charts, Australia/New Zealand tops the weekly bulls table and it’s trailed closely by Euro/New Zealand. Sterling/Australia is the top decliner with a drop of point 57%.
New Zealand/Yen has had a bullish run over the past month and it’s the only pair that’s up by more than 3%. Euro/New Zealand has depreciated the most, standing 1.39% in the red.
I’m Kiays Khalil and you’ve been watching the movers and shakers for Wednesday. Click back tomorrow, but for now, goodbye.
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