Let’s see what’s moving and shaking on the FX Markets at 3 PM GMT on this Tuesday. Euro/Yen shot up after 8 o’clock and the pair has gained 1.18% to post the day’s biggest move. Mario Draghi’s speech was a major boost for the single currency and it’s on top of the advancers and decliners table, followed relatively closely by the Swiss Franc. Brent moves higher, heading towards the 47 US Dollar level and Loonie Dollar is up against most of the rivals. UK Realized Sales Survey balance jumped and Sterling is point 34% up from the Australian Dollar. Greenback declined as the IMF lowered this year’s growth forecasts for the US to 2.1%, down from 2.3% in previous update. Overnight New Zealand trade report disappointed and Kiwi Dollar is up only from the safe-haven Japanese Yen, which sits at the bottom of the table. Weekly bulls chart is led by Swissie/Yen and the pair has gained 2.14%. Australia/Swissie is the top decliner and it’s down by 1.29%. New Zealand/Yen has had a bullish month and the pair is up by close to 4%, just like New Zealand/Greenback. Sterling/New Zealand has declined the most and it’s the only pair that’s down by more than 5%. I’m Jack Everitt and that’s all for Tuesday’s Movers and Shakers. Click back tomorrow, but for now, goodbye.
Let’s see what’s moving and shaking on the FX Markets at 3 PM GMT on this Tuesday.
Euro/Yen shot up after 8 o’clock and the pair has gained 1.18% to post the day’s biggest move.
Mario Draghi’s speech was a major boost for the single currency and it’s on top of the advancers and decliners table, followed relatively closely by the Swiss Franc.
Brent moves higher, heading towards the 47 US Dollar level and Loonie Dollar is up against most of the rivals.
UK Realized Sales Survey balance jumped and Sterling is point 34% up from the Australian Dollar.
Greenback declined as the IMF lowered this year’s growth forecasts for the US to 2.1%, down from 2.3% in previous update.
Overnight New Zealand trade report disappointed and Kiwi Dollar is up only from the safe-haven Japanese Yen, which sits at the bottom of the table.
Weekly bulls chart is led by Swissie/Yen and the pair has gained 2.14%. Australia/Swissie is the top decliner and it’s down by 1.29%.
New Zealand/Yen has had a bullish month and the pair is up by close to 4%, just like New Zealand/Greenback. Sterling/New Zealand has declined the most and it’s the only pair that’s down by more than 5%.
I’m Jack Everitt and that’s all for Tuesday’s Movers and Shakers. Click back tomorrow, but for now, goodbye.
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