Dukascopy Forex TV Team is back with the Currency Movers and Shakers for Wednesday.
Sterling/Yen’s decline was followed by a sharp rise and it puts the pair point 49% in the green after a correction cancelled out some of the gains.
The Bank of England chief economist said he could vote for a rate hike later this year, sending Sterling higher and it’s on top of the table.
Euro is up against most of the rivals and it’s almost even with the Greenback as US existing home sales surprised on upside.
Swissie is only a fraction South of the US Dollar.
Brent hovers slightly above the 46 US dollar level and Loonie Dollar is close to even with the Kiwi Dollar ahead of the high importance cash rate statement by the RBNZ later in the session.
Australian leading index stood unchanged and Ozzy Dollar is up only from the Japanese Yen, which wraps up the advancers and decliners table.
Weekly bulls table is led by Dollar/Yen and it’s the only pair that has gained more than 2%. New Zealand/Dollar is the top decliner and it’s followed closely by Euro/Dollar.
New Zealand/Yen has had a bullish month and the pair is up by close to 4%. Sterling/New Zealand has depreciated the most and it’s 5.75% in the red.
I’m Celeste Skinner and that’s it for Wednesday’s Movers and Shakers. Do click back for Thursday’s report, but for now, goodbye.

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