Here’s what’s moving and shaking on the currency markets at 3 PM GMT on Tuesday, 23rd of May.
Australia/Yen had a slight correction after noon GMT, but the pair stands point 57% in the green, which is the day’s top move.
Commodity currency trio is having a bullish day and Australian Dollar tops the table, standing only a fraction up from the neighboring New Zealand Dollar.
Swiss trade surplus plummeted by more than 1 billion and Swissie is almost level with the Loonie Dollar.
Canadian wholesale sales increased, but slightly slower than anticipated.
Flash US PMIs were mixed, but new home sales disappointed and Greenback is just slightly South of the neighboring Canadian Dollar.
Euro Zone Flash Manufacturing PMI rose, but Services PMI slipped and Euro is trailed closely by the Sterling, which is having a generally bearish day as UK public sector net borrowing increased more than expected and CBI realized sales balance plummeted.
Japanese Yen is the most bearish of the 8 majors on the table.
Weekly advancers table is led by Euro/Dollar, which is up by 2.85%. Dollar/Swissie has declined the most over the same term, standing more than 3% in the red.
Euro/Yen is on top of the monthly bulls chart with a gain of close to 7%. Canada/Swissie leads the bearish section with a slide of 2.82%.
So that concludes the Movers and Shakers report for Tuesday. I’m Celeste Skinner and we’ll be back tomorrow with the next overview, but for now, goodbye.

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