Hello, I`m Doireann McDermottand these are the Movers and Shakers where you can find out what have been the FX market trends on this Tuesday. Euro/Canada showed little rate shifts up to approximately 7 o`clock in the morning, but a following slide has resulted in a loss of more than 1%, which is the day’s biggest move. The US stock indexes show bullish performance and commodity currency trio tops the advancers and decliners table. Loonie Dollar is the most bullish of the 8 majors. China GDP growth slowed down less than estimated and industrial production rose to 8%, providing a boost for the Ozzy Dollar, which is almost level with the neighboring Kiwi Dollar. Both of the safe-havens stand in a relatively narrow range. Japanese Yen is slightly up from the Buck as US existing home sales were reported rising more than estimated. UK public sector net borrowing disappointed with a rise and Sterling is near the bottom of the table. Swiss Franc is almost level with the Single currency, which wraps up the advancers and decliners table as the ECB bought covered bonds for a second day. So, let’s take a look at longer term charts, where New Zealand/Canada tops the weekly bulls chart and it has gained 2.5%. Canada Swissie is the most bearish pair and it’s down by 1.5%. Dollar/Canada has gained 2.63% over a month and that’s the biggest rise. Canada/Yen tops the decliners chart, standing 3.23% in the red. This wraps up the Movers and Shakers for Tuesday. We`ll be back tomorrow with the next report, but for now, goodbye.
Hello, I`m Doireann McDermottand these are the Movers and Shakers where you can find out what have been the FX market trends on this Tuesday.
Euro/Canada showed little rate shifts up to approximately 7 o`clock in the morning, but a following slide has resulted in a loss of more than 1%, which is the day’s biggest move.
The US stock indexes show bullish performance and commodity currency trio tops the advancers and decliners table. Loonie Dollar is the most bullish of the 8 majors.
China GDP growth slowed down less than estimated and industrial production rose to 8%, providing a boost for the Ozzy Dollar, which is almost level with the neighboring Kiwi Dollar.
Both of the safe-havens stand in a relatively narrow range. Japanese Yen is slightly up from the Buck as US existing home sales were reported rising more than estimated.
UK public sector net borrowing disappointed with a rise and Sterling is near the bottom of the table.
Swiss Franc is almost level with the Single currency, which wraps up the advancers and decliners table as the ECB bought covered bonds for a second day.
So, let’s take a look at longer term charts, where New Zealand/Canada tops the weekly bulls chart and it has gained 2.5%. Canada Swissie is the most bearish pair and it’s down by 1.5%.
Dollar/Canada has gained 2.63% over a month and that’s the biggest rise. Canada/Yen tops the decliners chart, standing 3.23% in the red.
This wraps up the Movers and Shakers for Tuesday. We`ll be back tomorrow with the next report, but for now, goodbye.
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