Hello, I’m Jessica Walker and here’s what has been moving and shaking in the currency markets on this last day of the trading week. New Zealand/Dollar started moving sharply down after 6 o’clock in the morning and the pair has lost point 7%, which is the day’s biggest move. The US stock indexes are still looking for direction and Greenback tops the advancers and decliners table, trailed closely by the Yen as overnight Japanese Core inflation stepped out of the negative territory. German GFK Consumer Climate declined slightly less than expected and Single currency is mostly higher ahead of ECB’s meeting coming up next week. UK GDP growth was unchanged at point 5% and Sterling is followed by a couple of commodity currencies – Australian and Canadian Dollars. Swiss Franc is trading lower and it’s close to level with the New Zealand Dollar, which wraps up the advancers and decliners table. Moving on to longer term charts, Dollar/Swissie leads the weekly advancers table with an increase of 1.52%. Swissie/Yen is the top decliner and it’s down by 1.55%. Australia/Swissie has gained the most over a month and it’s 5.75% in the green. Euro/Australia leads the bearish chart with a slide of 5.33%. And that concludes the Movers and Shakers report for Friday. Check back in on Monday for the next report, but for now, have a great weekend and goodbye.
Hello, I’m Jessica Walker and here’s what has been moving and shaking in the currency markets on this last day of the trading week.
New Zealand/Dollar started moving sharply down after 6 o’clock in the morning and the pair has lost point 7%, which is the day’s biggest move.
The US stock indexes are still looking for direction and Greenback tops the advancers and decliners table, trailed closely by the Yen as overnight Japanese Core inflation stepped out of the negative territory.
German GFK Consumer Climate declined slightly less than expected and Single currency is mostly higher ahead of ECB’s meeting coming up next week.
UK GDP growth was unchanged at point 5% and Sterling is followed by a couple of commodity currencies – Australian and Canadian Dollars.
Swiss Franc is trading lower and it’s close to level with the New Zealand Dollar, which wraps up the advancers and decliners table.
Moving on to longer term charts, Dollar/Swissie leads the weekly advancers table with an increase of 1.52%. Swissie/Yen is the top decliner and it’s down by 1.55%.
Australia/Swissie has gained the most over a month and it’s 5.75% in the green. Euro/Australia leads the bearish chart with a slide of 5.33%.
And that concludes the Movers and Shakers report for Friday. Check back in on Monday for the next report, but for now, have a great weekend and goodbye.
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