Focus has been on the North American GDP reports on this week’s last trading day, so let’s see what influence they have had on the FX markets. Canada/Swissie jumped after noon GMT and the pair has gained a massive 1.38% to post the day’s biggest move. Canadian GDP expanded at a solid rate of point 6% month on month in May, sending the Loonie Dollar on top of the table. Single currency continues bullish run against the Buck and it trades up against most of the rivals. Australian Dollar is close to level with the UK Sterling. Japanese Yen is only point 12% North of the Greenback, which declined as the US second quarter GDP was slightly weaker than anticipated. Kiwi Dollar is the most bearish of the three commodity currencies and it’s up only from the Swiss Franc, which wraps up the table, despite an improvement in Swiss KOF Economic Barometer. Past week has been bullish for the Australia/Swissie and Sterling/Swissie also shows a similar gain. Swissie/Yen is the top decliner and it’s 2.51% in the red. Canada/Swissie tops the monthly bulls table with a gain of more than 6%. Dollar/Canada leads the bearish section with a drop of 4.66%. I’m Kiays Khalil and that’s all for Friday’s Movers and Shakers. Have a nice weekend and click back on Monday for more. Goodbye.
Focus has been on the North American GDP reports on this week’s last trading day, so let’s see what influence they have had on the FX markets.
Canada/Swissie jumped after noon GMT and the pair has gained a massive 1.38% to post the day’s biggest move.
Canadian GDP expanded at a solid rate of point 6% month on month in May, sending the Loonie Dollar on top of the table.
Single currency continues bullish run against the Buck and it trades up against most of the rivals.
Australian Dollar is close to level with the UK Sterling.
Japanese Yen is only point 12% North of the Greenback, which declined as the US second quarter GDP was slightly weaker than anticipated.
Kiwi Dollar is the most bearish of the three commodity currencies and it’s up only from the Swiss Franc, which wraps up the table, despite an improvement in Swiss KOF Economic Barometer.
Past week has been bullish for the Australia/Swissie and Sterling/Swissie also shows a similar gain. Swissie/Yen is the top decliner and it’s 2.51% in the red.
Canada/Swissie tops the monthly bulls table with a gain of more than 6%. Dollar/Canada leads the bearish section with a drop of 4.66%.
I’m Kiays Khalil and that’s all for Friday’s Movers and Shakers. Have a nice weekend and click back on Monday for more. Goodbye.
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