It’s time once again for the Movers and Shakers where we take a look at how eight of the major currencies stack up at 3 PM GMT on this Thursday. I’m Sinead MacLaughlin.
Euro/New Zealand rose slightly after 9 o`clock, but it continued heading South to stand point 75% in the red, which is the day’s biggest move.
A couple of commodity currencies lead the advancers and decliners table. New Zealand Dollar is the most bullish major as the RBNZ signaled it will hold fire on interest rate shifts and it stands point 11% up from the neighboring Ozzy Dollar.
UK Nationwide House Price Index rose more than expected and Sterling is up against most of the rivals, standing almost level with the Loonie dollar.
The US economy expanded at a faster pace than estimated and Greenback trades in a close range with a number of majors, including Swiss Franc, the other safe-haven Japanese Yen and Single currency, which is at the bottom of the table.
Euro has been under pressure ahead of tomorrow’s inflation report, which is expected to show a slight increase, but the level of price growth remains well below the ECB target.
Let’s move on to longer terms, where Canada/Yen tops the weekly bulls chart with a rise of 1.21%. Euro/Canada has declined the most and it’s down by point 75%.
Euro/Sterling is on top of the monthly advancers list and it has gained 1.11%. Sterling/Yen shows the biggest slide and it’s almost 2% in the red.
That wraps up the Movers and Shakers for Thursday. As usual, we’ll be back tomorrow with this trading week’s last report. Goodbye.

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