23.12.2016 – Movers and Shakers by Dukascopy
December 23, 2016 3:54 pmVideo
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Christmas is almost here, so let’s take a look at Friday’s FX Movers and Shakers.
Ozzy Dollar dropped sharply against the Yen after 12 o’clock and the pair stands point 85% in the red, which is the day’s biggest move.
It’s a bank holiday in Japan and Yen leads the advancers and decliners table as the most bullish major.
A couple of news reports regarding the US economy are released at 3 PM GMT and Buck is level with the Euro. German consumer climate improved by a fraction and Italian government passed the decree for a Mote De Paschi bailout plan.
Swiss KOF economic barometer disappointed earlier as no change was reported and Swissie trails Euro by point 14%.
Final UK GDP got a slight upward revision, but Sterling is up only from the commodity currency trio.
Canadian monthly GDP disappointed and Loonie Dollar is trailed closely by the Kiwi Dollar.
Australian Dollar wraps up the table as the most bearish major.
Moving on to longer term performance charts, Euro/Australia takes the top spot on the weekly bulls table with a rise of more than 2%. Australia/Yen is the top decliner and it’s down by 2.72%.
Dollar/Yen has had a bullish month and the pair has gained 4.47%. Australia/Dollar leads the bearish section with a slide of more than 3%.
I’m Jack Everitt and that’s all for Friday’s Movers and Shakers. Have a nice weekend and join us again next week. Goodbye.
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