Hello, I`m Sinead MacLaughlin and you’re watching the Movers and Shakers for Tuesday. Let’s find out how the 8 major currencies line up at 3 PM GMT. New Zealand/Yen is the mover of the day with a decline of 1.24%. The sharpest slide took place during the early hours and the rate continued trending South after a brief rise. Japanese Yen is having a bullish day are words that are not said often recently, but today the safe-haven rose as Bank of Japan Governor Haruhiko Kuroda said the economy is headed to achieve the target of 2% inflation. Loonie Dollar is only a fraction South of the top advancer as Canadian core retail sales were weaker than expected, but the overall figures showed an increase that was bigger than estimated. Single currency is almost level with the Swiss Franc and both of the majors trade mostly higher. The Bank of England testimony to Parliament’s Treasury Committee showed a dovish tone and UK Sterling is just slightly North of the Buck. US Dollar rose earlier as US economy grew more than forecast in the third quarter, but it’s near the bottom of the list at the moment. Wrapping up the advancers and decliners table are a couple of neighboring commodity currencies – Australian and New Zealand Dollars. Let’s take a look at the biggest moves over longer terms. Sterling/Australia has gained the most over a week and it’s up by more than 2%. Australia/Canada shows a similar decline and it’s the most bearish pair. Dollar/Yen is on top of the monthly bulls list with an increase that still exceeds 10%. Australia/Dollar leads the bearish section, standing more than 3% in the red. That’s it for Tuesday’s Movers and Shakers. Click back tomorrow, when the next overview will be available. Goodbye.
Hello, I`m Sinead MacLaughlin and you’re watching the Movers and Shakers for Tuesday. Let’s find out how the 8 major currencies line up at 3 PM GMT.
New Zealand/Yen is the mover of the day with a decline of 1.24%. The sharpest slide took place during the early hours and the rate continued trending South after a brief rise.
Japanese Yen is having a bullish day are words that are not said often recently, but today the safe-haven rose as Bank of Japan Governor Haruhiko Kuroda said the economy is headed to achieve the target of 2% inflation.
Loonie Dollar is only a fraction South of the top advancer as Canadian core retail sales were weaker than expected, but the overall figures showed an increase that was bigger than estimated.
Single currency is almost level with the Swiss Franc and both of the majors trade mostly higher.
The Bank of England testimony to Parliament’s Treasury Committee showed a dovish tone and UK Sterling is just slightly North of the Buck.
US Dollar rose earlier as US economy grew more than forecast in the third quarter, but it’s near the bottom of the list at the moment.
Wrapping up the advancers and decliners table are a couple of neighboring commodity currencies – Australian and New Zealand Dollars.
Let’s take a look at the biggest moves over longer terms. Sterling/Australia has gained the most over a week and it’s up by more than 2%. Australia/Canada shows a similar decline and it’s the most bearish pair.
Dollar/Yen is on top of the monthly bulls list with an increase that still exceeds 10%. Australia/Dollar leads the bearish section, standing more than 3% in the red.
That’s it for Tuesday’s Movers and Shakers. Click back tomorrow, when the next overview will be available. Goodbye.
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