It’s 3PM GMT, so it’s time to have a look at what’s moving and shaking on the FX market today. Canada/Swissie jumped after hours of flat trading and the pair is up by more than 1%, which is the day’s biggest move. Strong Canadian CPI and retail sales numbers have sent the Loonie Dollar higher and it’s the most bullish of the 8 majors on the table. Australian Dollar trades up against most of the rivals, but it’s point 4% South of the top advancer. Final third quarter US GDP got a slight downward revision, but the growth of 3.2% was still solid and Greenback is near the top of the table. Overnight New Zealand GDP report was in line with expectations at quarterly growth of point 6% and Kiwi Dollar trades in a close range with a number of currencies, including the Euro. Bank of Japan left monetary policy unchanged and Yen is close to even with the UK Sterling, which is point 24% up from the Swiss Franc. Loonie Dollar’s surge puts it on top of the weekly bulls chart with a gain of 1.36% against the Japanese Yen. Sterling/Canada shows the top decline and it’s 1.17% in the red. New Zealand/Yen has appreciated the most over the past month and gain measures at 3.64%. Sterling/New Zealand has declined the most and it’s 1.82% in the red. I’m Jack Everitt and these were the movers and shakers for Thursday. Tune in tomorrow to see how the 8 majors are performing on the last day of trading for the week. See you then.
It’s 3PM GMT, so it’s time to have a look at what’s moving and shaking on the FX market today.
Canada/Swissie jumped after hours of flat trading and the pair is up by more than 1%, which is the day’s biggest move.
Strong Canadian CPI and retail sales numbers have sent the Loonie Dollar higher and it’s the most bullish of the 8 majors on the table.
Australian Dollar trades up against most of the rivals, but it’s point 4% South of the top advancer.
Final third quarter US GDP got a slight downward revision, but the growth of 3.2% was still solid and Greenback is near the top of the table.
Overnight New Zealand GDP report was in line with expectations at quarterly growth of point 6% and Kiwi Dollar trades in a close range with a number of currencies, including the Euro.
Bank of Japan left monetary policy unchanged and Yen is close to even with the UK Sterling, which is point 24% up from the Swiss Franc.
Loonie Dollar’s surge puts it on top of the weekly bulls chart with a gain of 1.36% against the Japanese Yen. Sterling/Canada shows the top decline and it’s 1.17% in the red.
New Zealand/Yen has appreciated the most over the past month and gain measures at 3.64%. Sterling/New Zealand has declined the most and it’s 1.82% in the red.
I’m Jack Everitt and these were the movers and shakers for Thursday. Tune in tomorrow to see how the 8 majors are performing on the last day of trading for the week. See you then.
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