27.01.2017 – Movers and Shakers by Dukascopy
January 27, 2017 4:45 pmVideo
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We are heading towards weekend, so let’s find out how the 8 major currencies line up at 3 PM GMT.
New Zealand Dollar has been heading up against the Japanese Yen and the pair has gained almost 1%, which is the day’s biggest move.
China’s week long Lunar New Year holiday begins on this Friday and antipodes trade on top of the advancers and decliners table – New Zealand Dollar is a fraction North of the Australian Dollar. Aussie import prices rose slower than expected, but PPI surprised on upside.
Euro Zone M3 money supply growth advanced and Euro is followed closely by the Swiss Franc.
Fourth quarter US GDP disappointed and durable goods declined, putting pressure on the Greenback.
Loonie Dollar is the most bearish of the three commodity currencies on the table and it’s almost level with the Sterling.
Japanese Yen wraps up the advancers and decliners table.
Weekly bulls table is led by the Cable, which is the only pair that has gained more than 2%. Dollar/Canada is the top decliner, standing also more than 2% in the red.
Australia/Greenback and New Zealand/Greenback both have had a bullish month and they show similar gains. Dollar/Canada has depreciated the most and it’s down by 3.49%.
I’m Kiays Khalil and that’s it for Friday’s Movers and Shakers report. We’ll be back tomorrow, but for now, goodbye.
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