Trading day is drawing closer to an end on this Wednesday so it`s once again time for us to see how the major currencies line up with the Movers and Shakers. I`m Ben Jones. Australia/Swissie declined after the early uptrend, but it continued heading North once again and it shows the day’s biggest move, which is a rise of point 72%. Australian Dollar is the most bullish of the 8 majors on the advancers and decliners table, followed by the Buck as the US new home sales were reported rising above the 500 thousand mark. Kiwi Dollar is mostly higher and it saw positive influence from overnight New Zealand trade report. Canadian Dollar is the most bearish of the three commodity currencies and it’s slightly up from the safe-haven Japanese Yen. UK Sterling is mostly lower and it’s point 16% up from the Euro, which declined as German business confidence report disappointed. Swiss UBS consumption indicator declined and Swissie is at the bottom of the table. Moving on to longer terms, Sterling/Australia shows the biggest rise over a week and it’s up by 2.37%. Australia/Dollar leads the bearish chart, standing 2.1% in the red. Dollar/Yen has appreciated the most over a month, but rise has moved below the 5% mark. Australia/Dollar shows the biggest rise and it has gained 4.74%. This concludes Wednesday`s Movers and Shakers. We`ll be back tomorrow with the next report, but meanwhile, goodbye.
Trading day is drawing closer to an end on this Wednesday so it`s once again time for us to see how the major currencies line up with the Movers and Shakers. I`m Ben Jones.
Australia/Swissie declined after the early uptrend, but it continued heading North once again and it shows the day’s biggest move, which is a rise of point 72%.
Australian Dollar is the most bullish of the 8 majors on the advancers and decliners table, followed by the Buck as the US new home sales were reported rising above the 500 thousand mark.
Kiwi Dollar is mostly higher and it saw positive influence from overnight New Zealand trade report.
Canadian Dollar is the most bearish of the three commodity currencies and it’s slightly up from the safe-haven Japanese Yen.
UK Sterling is mostly lower and it’s point 16% up from the Euro, which declined as German business confidence report disappointed.
Swiss UBS consumption indicator declined and Swissie is at the bottom of the table.
Moving on to longer terms, Sterling/Australia shows the biggest rise over a week and it’s up by 2.37%. Australia/Dollar leads the bearish chart, standing 2.1% in the red.
Dollar/Yen has appreciated the most over a month, but rise has moved below the 5% mark. Australia/Dollar shows the biggest rise and it has gained 4.74%.
This concludes Wednesday`s Movers and Shakers. We`ll be back tomorrow with the next report, but meanwhile, goodbye.
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