ECB is the top headliner on this Thursday, so let’s see how the monetary policy announcement has influenced the FX markets. Euro/Dollar moved sharply lower as midday approached and the pair has lost almost 1% to record the day’s biggest move. US stocks are gaining ground and Greenback is the most bullish of the 8 majors on the table. Loonie Dollar trades mostly higher as well and it’s almost level with the safe-haven Japanese Yen. Australian import prices were reported dropping by 1.6% quarter on quarter and Ozzy Dollar is point 29% up from the Kiwi Dollar. Swiss Franc is followed closely by the Sterling as UK CBI realized sales balance plummeted to minus 36. Single currency declined as the ECB is set to wind down stimulus by lowering monthly bond purchases to 30 billion from January till September of 2018. Past week has been bullish for the Dollar/Canada and the pair has gained 2.85%. New Zealand/Greenback shows the top slide with a loss of 2.47%. Euro/New Zealand has gained the most ground over the past month and it’s 4.34% in the green. New Zealand/greenback tops the bearish section with a slide of 4.56%. I’m Kiays Khalil and that’s all for Thursday’s Movers and Shakers. Click back for this week’s final report, but for now, goodbye.
ECB is the top headliner on this Thursday, so let’s see how the monetary policy announcement has influenced the FX markets.
Euro/Dollar moved sharply lower as midday approached and the pair has lost almost 1% to record the day’s biggest move.
US stocks are gaining ground and Greenback is the most bullish of the 8 majors on the table.
Loonie Dollar trades mostly higher as well and it’s almost level with the safe-haven Japanese Yen.
Australian import prices were reported dropping by 1.6% quarter on quarter and Ozzy Dollar is point 29% up from the Kiwi Dollar.
Swiss Franc is followed closely by the Sterling as UK CBI realized sales balance plummeted to minus 36.
Single currency declined as the ECB is set to wind down stimulus by lowering monthly bond purchases to 30 billion from January till September of 2018.
Past week has been bullish for the Dollar/Canada and the pair has gained 2.85%. New Zealand/Greenback shows the top slide with a loss of 2.47%.
Euro/New Zealand has gained the most ground over the past month and it’s 4.34% in the green. New Zealand/greenback tops the bearish section with a slide of 4.56%.
I’m Kiays Khalil and that’s all for Thursday’s Movers and Shakers. Click back for this week’s final report, but for now, goodbye.
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