31.01.2018 – Movers and Shakers by Dukascopy
January 31, 2018 3:46 pmVideo
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It’s 3 PM GMT on the final trading day of January, so let’s take a look at the FX Movers and Shakers.
Kiwi Dollar has surged against the Japanese Yen to trade more than 1% in the green, which is the day’s top move.
New Zealand Dollar’s bullish day puts the commodity currency on top of the advancers and decliners table.
Canadian GDP expanded at a monthly rate of point 4% and Loonie Dollar is up against most of the majors.
Euro Zone CPI data was mixed – overall inflation slowed down to 1.3%, but core measure inched higher and Euro is slightly South of the Canadian Dollar.
Swiss UBS consumption indicator slipper and Swissie trades point 12% up from the UK Sterling.
Australian Consumer Price Index was slightly soft and Ozzy Dollar is close to even with the Buck.
US ADP non-farm employment change was positive, but Greenback is up only from the Yen.
Japanese housing starts dropped and consumer confidence stood unchanged.
The Cable continues to dominate the weekly bulls chart and the pair is up by more than 2%. Dollar/Swissie is the most bearish instrument and it’s 2.79% in the red.
The Cable has had a bullish month as well and rise measures at a solid 5.69%. Dollar/Swissie is the top decliner and it’s 5.54% in the red.
I’m Kiays Khalil and that’s all for this edition of the Movers and Shakers, but do click back once again tomorrow.
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