It’s the last day of the trading week – so let’s see what’s been moving and shaking on the FX markets today. The biggest mover of the day is Pound/Aussie with a decline of point 96%. The cross has been moving consistently downwards throughout the session, and has not managed to make a recovery. The Aussie Dollar is benefitting from a weaker US Dollar, and it sits on the top of the table. The neighbouring Kiwi dollar is not too far behind, sitting point 1% above the safe haven yen. Positive Inflation and Retail Sales data, sees the loonie dollar above the common currency on the table, but nonetheless, it is the most bearish of the commodity currencies. The Swiss Franc is point 21% above the USD which remains under pressure since the Fed announcement on Wednesday. And finding itself on the bottom of the table is the Sterling, after the UK government posted borrowing defecit. So let’s move onto longer terms, where New Zealand/Canada is the top advancer for the week with a gain of 1.74% and Pound/Kiwi has depreciated by 1.42% over the same period of time. Pound/Yen leads the monthly table with a huge gain of 8.28%, and the Euro/Sterling pair has lost the most ground coming in at 3.98%. I’m Celeste Skinner and these were the movers and shakers for Friday. Tune in on Monday for all of the latest currency moves, but for now, goodbye.
It’s the last day of the trading week – so let’s see what’s been moving and shaking on the FX markets today.
The biggest mover of the day is Pound/Aussie with a decline of point 96%. The cross has been moving consistently downwards throughout the session, and has not managed to make a recovery.
The Aussie Dollar is benefitting from a weaker US Dollar, and it sits on the top of the table.
The neighbouring Kiwi dollar is not too far behind, sitting point 1% above the safe haven yen.
Positive Inflation and Retail Sales data, sees the loonie dollar above the common currency on the table, but nonetheless, it is the most bearish of the commodity currencies.
The Swiss Franc is point 21% above the USD which remains under pressure since the Fed announcement on Wednesday.
And finding itself on the bottom of the table is the Sterling, after the UK government posted borrowing defecit.
So let’s move onto longer terms, where New Zealand/Canada is the top advancer for the week with a gain of 1.74% and Pound/Kiwi has depreciated by 1.42% over the same period of time.
Pound/Yen leads the monthly table with a huge gain of 8.28%, and the Euro/Sterling pair has lost the most ground coming in at 3.98%.
I’m Celeste Skinner and these were the movers and shakers for Friday. Tune in on Monday for all of the latest currency moves, but for now, goodbye.
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