06.09.2016 – Movers and Shakers by Dukascopy

By | September 6, 2016

Hello, you’re watching the Dukascopy FX Movers and Shakers, where we’ll find out how the 8 major currencies stack up at 3 PM GMT on this Tuesday.
New Zealand Dollar was moving gradually up against the Buck and a late surge puts the pair 1 and a half percent in the green, which is the day’s biggest move.
New Zealand Dollar is the most bullish of the 8 majors on the table and it’s just slightly up from the safe-haven Japanese Yen.
Australian Dollar trades up against most of the rivals as Glenn Stevens ended his ten years at the top of the RBA by leaving cash rate unchanged at a record low of 1 and a half percent.
Sterling is level with the Single currency. Euro Zone GDP showed no change from previous release.
Swiss GDP surprised on upside with a growth of point 6% quarter on quarter, but Swissie is mostly lower.
Loonie Dollar is the most bearish of the three commodity currencies on the chart as traders return to their desks after a three day long weekend in both Canada and US.
US ISM non-manufacturing PMI disappointed and Buck wraps up the advancers and decliners table.
Weekly bulls chart is led by Sterling/Yen and the pair is up by close to 4%. Euro/Sterling tops the bearish section, standing 2.33% in the red.
Kiwi Dollar/Yen has had a bullish month and the pair is up by 4.56%. Euro/New Zealand has depreciated the most and it’s down by 2.69%.
I’m Kiays Khalil and that’s it for Tuesday’s Movers and Shakers report, but do click back tomorrow. Goodbye for now.

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