06.07.2016 – Movers and Shakers by Dukascopy

By | July 6, 2016

It’s 3 PM GMT on this Wednesday and time for the Dukascopy FX Movers and Shakers.
Sterling/Australia is the mover of the day with a decline of slightly more than 1%. Most of the loss was recorded hours into the trading day, after noon GMT.
Australian Dollar tops the table as the 8 majors show mixed performance and it’s point 33% up from the safe-haven Japanese Yen.
US Non-Manufacturing PMI jumped more than estimated and Buck is mostly higher and close to level with the Euro ahead of the publication of the FOMC meeting minutes.
German factory orders stalled and Single currency is a fraction North of the Swiss Franc.
Canadian trade deficit report disappointed, sending Loonie Dollar lower and it’s point 12% up from the Kiwi Dollar.
Sterling remains under pressure and it’s the most bearish of the 8 majors on the table.
Moving on to longer terms, Euro/Sterling tops the weekly bulls table with a rise of 4.25%. Sterling/Yen has declined the most over the same term and it’s 6% in the red.
Euro/Sterling has gained the most ground over a month and the pair is up by almost 9%. Sterling/Yen tops the bearish table with a slide of close to 16%.
I’m Kizas Khalil and you’ve been watching the Movers and Shakers for Wednesday. Click back tomorrow, but for now, goodbye.

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