We are heading towards weekend, so let’s find out where the 8 major currencies stand at 3 PM GMT.
Buck shot up against the Loonie Dollar hours into the trading day to stand 1.36% in the green, which is the day’s biggest move.
US non-farm employment change surprised on upside, driving the Buck higher and it’s the most bullish of the 8 majors on the table.
Reserve Bank of Australia made little change to economic outlook and Ozzy Dollar is having a generally bullish day.
Sterling is up against most of the rivals, despite a drop of 1% in UK Halifax house price index.
German factory orders declined and Single currency is followed by Japanese Yen.
Kiwi Dollar is even with the Swiss Franc and both of the majors are up only from the Canadian Dollar, which dropped as Canadian employment change disappointed and trade deficit expanded.
Weekly bulls chart is led by Australia/Swissie and the pair is up by 1.78%. Sterling/Yen is the top decliner and Swissie/Yen shows a similar decline.
Australia/Canada has gained the most ground over a month, standing 2.66% in the green. Euro/Australia has meanwhile dropped the most and the pair is down by 1.62%.
I’m Sam Meredith and that’s it for now. Have a nice weekend and check back on Monday for more on FX Markets. Goodbye.
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