It’s the end of European trading on this Thursday; let’s look back at what’s been moving and shaking in the markets. This has not been a very active trading day, and the mover of the day is Euro/Australia with a gain of less than half a percent. The pair has been steadily inching higher for much of the last 15 hours. German consumer confidence eased in September, but it does remain at a very high level, and the Common Currency is the most bullish major. There has been a renewed hope of a smooth Brexit outcome, and that has provided some support for Pound, which is a fraction up from the Yen. Loonie is the most bullish of the commodity currency trio. There has been plenty of good news for the Greenback, such as improved GDP data and shrinking trade deficit, but it is trading almost level with Swissie. And Antipodes had not held the ground they gained yesterday as they’re now at the bottom of the Advancers and Decliners table, although Kiwi is up point 13% from the Aussie. And, before the end of this report, let’s take a quick look at the long-term charts. Dollar/Canada has gained less than 1% over the last week, but it is enough to make it the most bullish instrument. New Zealand/Swiss Franc posts the biggest decline, namely, 1.68%. Pound/Yen prevails on the monthly bulls chart, standing 7.39% in the green, and Euro/Yen is the most bearish pair with a loss of 5.44%. I’m Jack Everitt and these were the Movers and Shakers for Thursday. Check back in tomorrow for this week’s final overview.
It’s the end of European trading on this Thursday; let’s look back at what’s been moving and shaking in the markets.
This has not been a very active trading day, and the mover of the day is Euro/Australia with a gain of less than half a percent. The pair has been steadily inching higher for much of the last 15 hours.
German consumer confidence eased in September, but it does remain at a very high level, and the Common Currency is the most bullish major.
There has been a renewed hope of a smooth Brexit outcome, and that has provided some support for Pound, which is a fraction up from the Yen.
Loonie is the most bullish of the commodity currency trio.
There has been plenty of good news for the Greenback, such as improved GDP data and shrinking trade deficit, but it is trading almost level with Swissie.
And Antipodes had not held the ground they gained yesterday as they’re now at the bottom of the Advancers and Decliners table, although Kiwi is up point 13% from the Aussie.
And, before the end of this report, let’s take a quick look at the long-term charts. Dollar/Canada has gained less than 1% over the last week, but it is enough to make it the most bullish instrument. New Zealand/Swiss Franc posts the biggest decline, namely, 1.68%.
Pound/Yen prevails on the monthly bulls chart, standing 7.39% in the green, and Euro/Yen is the most bearish pair with a loss of 5.44%.
I’m Jack Everitt and these were the Movers and Shakers for Thursday. Check back in tomorrow for this week’s final overview.
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