21.08.2017 – Movers and Shakers by Dukascopy
August 21, 2017 3:46 pmVideo
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Start of the trading week has been light in terms of news publications and FX moves, so let’s take a look at the performance of the 8 majors.
Canada/Yen moved South in a couple of waves and the pair has lost a total of point 55%, which is the day’s top move.
The US stock indexes have opened in the red and a safe-haven Japanese Yen tops the advancers and decliners table, trailed closely by the Swiss Franc.
Single currency is up against most of the rivals as well and it’s only slightly North of the Kiwi Dollar, which is the top performer of the three commodity majors.
UK rightmove house price index declined by point 9% month on month and Sterling is almost level with the Ozzy Dollar. Australian leading index showed an increase of a half a percent month on month.
Trump fired his chief strategist Steve Brannon on Friday and Greenback is under pressure as investors focus their attention to Jackson Hole speeches.
Canadian wholesale sales report disappointed and Loonie Dollar is having a bearish session.
Weekly bulls table has only one pair that has gained more than 1% and it’s Australia/Swissie. Sterling/Australia has declined the most and it’s 1.59% in the red.
Euro/Sterling has had a bullish month and it’s up by 3.6%, followed closely by Euro/Swissie. Sterling/Yen has depreciated the most and Swissie/Yen shows a similar slide.
I’m Celeste Skinner and that’s all for Monday’s Movers and Shakers report.
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