26.01.2018 – Movers and Shakers by Dukascopy
January 26, 2018 3:57 pmVideo
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Weekend is almost here and it means it’s time for us to recap what’s been moving and shaking on the FX Markets.
Ozzy Dollar has been on a rise against the Greenback and the pair is up by point 72%, which is the day’s top move.
Australian Dollar tops the advancers and decliners table and it’s followed closely by the safe-haven Japanese Yen.
Kiwi Dollar trades up against most of the rivals.
UK economy expanded faster than expected in the final quarter of last year, providing support for the Sterling.
There’s a number of currencies trading in an extremely narrow range and both the Swissie and Loonie Dollar are among them.
Canadian inflation numbers were soft, dragging the Loonie Dollar lower.
Single currency is having a bearish day and it’s up only from the Greenback.
Buck was supported as President Donald Trump said he favors strong Dollar, but it’s at the bottom of the table as US economic growth showed an unexpected slow down in the fourth quarter.
The Cable continues to dominate the weekly bulls table and this time with an increase of 2.53%. Dollar/Swissie shows a similar drop to lead the decliners section.
Pound/Dollar has had a bullish month as well and rise exceeds the 6% level. Dollar/Swissie is the top decliner and it’s 5.21% in the red.
I’m ____________ and that’s all for Friday’s Movers and Shakers. Have a great weekend and do click back for more on FX markets. Goodbye.
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