Hello, I’m Sinead MacLaughlin and here’s what’s been moving and shaking on the currency markets on the last trading day of August. Canada/Yen has been moving higher for most of the day, gaining a total of point 43%, and this makes it the mover of the day. Canadian economy grew more than expected in the second quarter, and the good news sent Loonie all the way to the top of the Advancers and Decliners table. UK consumer confidence rose more than expected in August, and Pound is up against most rivals. New Zealand Business Confidence has seen a strong drop, and Kiwi is a fraction down from the Sterling. Chicago PMI surged in August, and Greenback stands slightly North of Swissie, which, in turn, is closely trailed by Aussie. Euro Zone inflation declined in line with expectations in August, and Common Currency is near the bottom of the table, but it is point 12% up from the Yen, which is the most bearish of the eight majors. And the rise of Loonie is also visible in the long-term charts. Canada/Swissie has advanced by slightly more than 1% over a week, making it the most bullish pair. Euro/Canada posts the biggest decline, and it stands 1.41% in the red. Canada/Yen is at the top of the monthly advancers table, and it has appreciated by 1.75%. Pound/Canada is the most bearish pair, having lost 2.47%. That’s all for Friday’s Movers and Shakers. We’ll be back on Monday with our FX market coverage, but until then, have a great weekend and goodbye.
Hello, I’m Sinead MacLaughlin and here’s what’s been moving and shaking on the currency markets on the last trading day of August.
Canada/Yen has been moving higher for most of the day, gaining a total of point 43%, and this makes it the mover of the day.
Canadian economy grew more than expected in the second quarter, and the good news sent Loonie all the way to the top of the Advancers and Decliners table.
UK consumer confidence rose more than expected in August, and Pound is up against most rivals.
New Zealand Business Confidence has seen a strong drop, and Kiwi is a fraction down from the Sterling.
Chicago PMI surged in August, and Greenback stands slightly North of Swissie, which, in turn, is closely trailed by Aussie.
Euro Zone inflation declined in line with expectations in August, and Common Currency is near the bottom of the table, but it is point 12% up from the Yen, which is the most bearish of the eight majors.
And the rise of Loonie is also visible in the long-term charts. Canada/Swissie has advanced by slightly more than 1% over a week, making it the most bullish pair. Euro/Canada posts the biggest decline, and it stands 1.41% in the red.
Canada/Yen is at the top of the monthly advancers table, and it has appreciated by 1.75%. Pound/Canada is the most bearish pair, having lost 2.47%.
That’s all for Friday’s Movers and Shakers. We’ll be back on Monday with our FX market coverage, but until then, have a great weekend and goodbye.
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