27.08.2014 – Movers and Shakers by Dukascopy
August 27, 2014 3:52 pmVideo
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Hello, I`m Monica Gibson and it’s time for Wednesday’s Movers and Shakers. Here’s how the 8 majors line up at 3 PM GMT.
The day’s biggest move is a decline of point 58% and it’s posted by Dollar/Canada. The pair moved South up to approximately 8 o`clock and it has been relatively flat afterwards.
Loonie Dollar moved North for second day as Burger King agreed to buy Tim Hortons and it’s the most bullish of the 8 majors on the table.
New Zealand Dollar trades mostly higher as well and it rose as Fonterra Cooperative Group maintained its milk price forecast.
Swiss UBS consumption indicator was reported declining, but Swissie is up against most of the rivals and followed closely by the UK Sterling.
German consumer confidence fell and Euro is in the lower section of the chart.
Australian construction work done declined more than expected and Ozzy Dollar is the most bearish of the three commodity currencies on the table.
A couple of safe-havens wrap up the advancers and decliners table – Japanaese Yen is point 15% ip from the Greenback.
Moving on to longer terms, weekly advancers list is led by Canada/Yen, which has gained 1%. Euro/Canada is the most bearish pair and it’s down by 1.32%.
Dollar/Yen has gained the most over a month and it’s more than 2% in the green. The Cable tops the bearish section, standing 2.43% in the red.
This wraps up Wednesday’s Movers and Shakers. We`ll return tomorrow with another report, but for now, goodbye.
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