31.08.2017 – Movers and Shakers by Dukascopy
August 31, 2017 3:31 pmVideo
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There have been some major shifts on the FX Markets this Thursday, so let’s find out where the 8 currencies stand at 3 PM GMT.
New Zealand/Canada is the mover of the day as the pair stands 1.38% in the red after heading sharply lower throughout the session.
A strong Canadian GDP report has provided a boost for the Loonie Dollar, which takes the top spot on the table.
North Korea concerns seem to be fading, but a safe-haven Japanese Yen is having a bullish day.
Australian private capital expenditure rose more than expected and Australian Dollar is close to even with the Swiss Franc.
US pending home sales disappointed, but both personal income and spending increased and Greenback is point 6% down from the top advancer.
Single currency has given up some of the recent gains as the currency’s strength appears to be a concern for ECB policy makers.
UK Sterling is up only from the Kiwi Dollar, which is the most bearish major as New Zealand business confidence slipped.
Past week has been particularly bullish for the Sterling/Yen and the pair has gained 1.47%. New Zealand/Dollar has depreciated the most over the same term and it’s point 9% in the red.
Euro/New Zealand leads the monthly advancers table with a gain of more than 5%. New Zealand/Greenback has lost 4.5% over past month.
I’m Celeste Skinner and this wraps up Thursday’s Movers and Shakers. Check back tomorrow for this week’s last report, but for now, goodbye.
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