26.06.2017 – Movers and Shakers by Dukascopy
June 26, 2017 4:24 pmVideo
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Start of the week hasn’t been particularly volatile on the FX markets, but nonetheless, let’s see where the 8 majors stand at 3 PM GMT.
The day’s biggest move is a gain of point 44% and it’s posted by New Zealand/Yen as the pair has been heading steadily higher.
US stock indexes opened higher, but gains were given up shortly afterwards and a commodity currency trio tops the table.
New Zealand trade report will be released later in the day and Kiwi Dollar is the most bullish major, trailed closely by the Ozzy Dollar, which is then in turn almost even with the Loonie Dollar.
German IFO business climate improved and Euro is point 13% up from the Greenback, which saw a disappointing durable goods report.
Britain’s conservative party has reached an agreement with the Democratic Unionist Party to support Theresa May’s minority government, providing somewhat of a relied for Sterling, but it’s near the bottom of the table and slightly up from the Swiss Franc.
Safe-haven Japanese Yen wraps up the advancers and decliners table.
Weekly bulls chart is led by New Zealand/Yen and the pair has appreciated by 1.44%. Sterling/New Zealand is the top decliner, having lost 1.17%.
New Zealand/Greenback has had a bullish month and it’s the only pair that has gained more than 4%. Sterling/New Zealand tops the bearish section with a slide of 5.62%.
I’m Jack Everitt and that’s all for Monday’s Movers and Shakers. Check back for more on FX Markets, but for now, goodbye.
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