Economic Calendar is busy on this Thursday, so let’s see what’s moving and shaking on the FX markets at 3 PM GMT. I`m Monica Gibson. Euro/Australia is the mover of the day and it has declined by point 3%. The rate moved sharply South early in the session, but it has been mostly moving gradually lower. Despite the declining US stock indexes, Ozzy Dollar tops the advancers and decliners table as Australian new home sales dropped, but private capital expenditure surprised on the upside. Japanese Yen is sandwiched between a couple of commodity currencies, seeing upward momentum as Ukraine tensions drive investors to safe-havens. Canadian current account deficit contracted less than expected, but Loonie Dollar is mostly higher. UK CBI realized sales rose sharply and Sterling is slightly North of the Kiwi Dollar, which is the most bearish of the three commodity currencies. Greenback saw support as the US economy grew more than estimated, but it’s near the bottom of the tbale. Swiss Franc is up only from the Euro, which is the most bearish of the 8 majors on the table as German inflation was reported stalling. Weekly advancers table is led by Canada/Swissie, which as gained 1.19%. Euro/Canada is the most bearish pair and it’s down by 1.62%. Dollar/Yen is on top of the monthly advancers list and it’s 1.6% in the green. The Cable has declined by more than 2% and it’s the most bearish pair. These were Thursday’s Movers and Shakers. We`ll be back tomorrow with this week’s last report, but for now, goodbye.
Economic Calendar is busy on this Thursday, so let’s see what’s moving and shaking on the FX markets at 3 PM GMT. I`m Monica Gibson.
Euro/Australia is the mover of the day and it has declined by point 3%. The rate moved sharply South early in the session, but it has been mostly moving gradually lower.
Despite the declining US stock indexes, Ozzy Dollar tops the advancers and decliners table as Australian new home sales dropped, but private capital expenditure surprised on the upside.
Japanese Yen is sandwiched between a couple of commodity currencies, seeing upward momentum as Ukraine tensions drive investors to safe-havens.
Canadian current account deficit contracted less than expected, but Loonie Dollar is mostly higher.
UK CBI realized sales rose sharply and Sterling is slightly North of the Kiwi Dollar, which is the most bearish of the three commodity currencies.
Greenback saw support as the US economy grew more than estimated, but it’s near the bottom of the tbale.
Swiss Franc is up only from the Euro, which is the most bearish of the 8 majors on the table as German inflation was reported stalling.
Weekly advancers table is led by Canada/Swissie, which as gained 1.19%. Euro/Canada is the most bearish pair and it’s down by 1.62%.
Dollar/Yen is on top of the monthly advancers list and it’s 1.6% in the green. The Cable has declined by more than 2% and it’s the most bearish pair.
These were Thursday’s Movers and Shakers. We`ll be back tomorrow with this week’s last report, but for now, goodbye.
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