It’s 3 PM GMT on this week’s first trading day, so let’s see where the 8 major currencies trade.
Euro/Canada moved South in a couple of waves after 6 o’clock and the pair stands point 58% in the red, which is the day’s biggest move.
It’s a bank holiday in Canada and Loonie Dollar tops the advancers and decliners table as Brent rallied towards the 50 USD level, before a correction wiped out most of the gains.
Safe-haven Japanese Yen trades up against most of the rivals and it’s only a fraction South of the top advancer.
RBA rate statement is due tomorrow and Australian Dollar is followed closely by the neighboring New Zealand Dollar.
UK Services PMI jumped back above the 50 threshold and Sterling is just slightly up from the Buck as traders enjoy a three day weekend in the US due to a market holiday.
Swiss Franc is up only from the Single currency, which wraps up the advancers and decliners table.
Weekly bulls chart is led by Sterling/Yen and the pair has gained 3.86%. Euro/Sterling is the top decliner and it’s the only pair that has lost more than 2%.
New Zealand/Yen has had a bullish month, standing more than 4% in the green. Euro/New Zealand has depreciated the most and it’s 2.22% in the red.
I’m Sam Meredith and you’ve been watching the Movers and Shakers for Monday. Click back tomorrow, but for now, goodbye.
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