This trading day is moving towards the end and it’s time for the Dukascopy Forex News Team to have a look at the FX Market Movers and Shakers.
New Zealand/Swissie surged within a couple of hours and the pair has gained 1.58%, which is the day’s biggest move.
RBNZ Deputy Governor Grant Spencer said more rate cuts could pose financial stability risk and Kiwi Dollar tops the advancers and decliners table.
Canadian Ivey PMI jumped back above the 50 level and Loonie Dollar is mostly higher, followed closely by the Japanese Yen. Bank of Japan Governor Kuroda gave no hints of near term stimulus expansion
UK data has been mostly positive and Sterling is slightly South of the Yen.
US jobs reports have been a positive surprise, but Greenback is mostly lower at the moment.
Australian Dollar is a fraction up from the Single currency, which is close to level with the most bearish major – Swiss Franc.
Moving on to longer terms, Euro/Sterling is still the most bullish pair over a week and it’s up by 3.25%. Sterling/Yen tops the bearish section with a decline of more than 5%.
Monthly bulls table is led by Euro/sterling, which has gained 9.59%. Sterling/Yen has had a bearish month, standing 16.19% in the red.
I’m Kiays Khalil and you’ve been watching the Movers and Shakers for Thursday. Click back tomorrow for this week’s last report, but for now, goodbye.
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