Hello, I’m Ben Jones with another Movers and Shakers report. Let’s see how the eight major currencies line up at 3 PM GMT this Wednesday. Pound/Australia saw a strong decline after 6 AM, and, although it saw limited movement afterwards, it is the mover of the day with a drop of point 69%. Commodity currencies have held the ground they gained yesterday, with Aussie Dollar being the most bullish of them. Bank of Canada policy makers left the interest rates on hold, and Loonie finds itself point 13% up from the neighbouring Greenback, which received a boost as US consumer price index surprised on the upside. Yen stands point 17% up from Kiwi, which is trading lower ahead of the upcoming consumer price index release. Three European currencies trade near the bottom of the table as Swissie a fraction up from the Common Currency. And Sterling is the most bearish major as the latest Bank of England meeting minutes showed policy makers saw increased risks to the UK economy in light of the Euro Zone decline. Here’s how the eight majors line up in longer terms. Canada/Yen shows the biggest rise over a week and it’s up by 1.62%. Euro/Canada leads the bearish chart, standing 1.38% in the red. Dollar/Canada tops the monthly chart with gain of 2.18%. Canada/Yen is the most bearish pair, and it is down by 3.73%. That concludes Wednesday’s Movers and Shakers. We’ll be back tomorrow with the next report so see you then.
Hello, I’m Ben Jones with another Movers and Shakers report. Let’s see how the eight major currencies line up at 3 PM GMT this Wednesday.
Pound/Australia saw a strong decline after 6 AM, and, although it saw limited movement afterwards, it is the mover of the day with a drop of point 69%.
Commodity currencies have held the ground they gained yesterday, with Aussie Dollar being the most bullish of them.
Bank of Canada policy makers left the interest rates on hold, and Loonie finds itself point 13% up from the neighbouring Greenback, which received a boost as US consumer price index surprised on the upside.
Yen stands point 17% up from Kiwi, which is trading lower ahead of the upcoming consumer price index release.
Three European currencies trade near the bottom of the table as Swissie a fraction up from the Common Currency.
And Sterling is the most bearish major as the latest Bank of England meeting minutes showed policy makers saw increased risks to the UK economy in light of the Euro Zone decline.
Here’s how the eight majors line up in longer terms. Canada/Yen shows the biggest rise over a week and it’s up by 1.62%. Euro/Canada leads the bearish chart, standing 1.38% in the red.
Dollar/Canada tops the monthly chart with gain of 2.18%. Canada/Yen is the most bearish pair, and it is down by 3.73%.
That concludes Wednesday’s Movers and Shakers. We’ll be back tomorrow with the next report so see you then.
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