This week’s first trading day is well under way, so let’s find out what’s moving and shaking on the FX Markets at 3 PM GMT.
Sterling/Yen is the mover of the day with a solid gain of more than 2% and the pair move sharply higher in a couple of waves.
Bank of England is likely to cut its interest rate this week, but Sterling tops the advancers and decliners table.
Single currency is up against most of the rivals and it’s just slightly up from the Buck as the S&P 500 index hit an all time high.
Swiss Franc is almost level with the Greenback.
Commodity currency trio is mostly lower and Ozzy Dollar is the most bullish one of them as Australian home loans declined, but less than expected.
Canadian housing starts surprised on upside and Loonie Dollar is point 48% up from the Kiwi Dollar.
Japanese PM Shinzo Abe won a sweeping victory in elections to the upper house of parliament, while confirming additional stimulus package compilation and Yen is the most bearish major on the table.
Weekly bulls table is led by New Zealand/Canada and the pair is up by 2.71%. Sterling/New Zealand has depreciated the most, standing 3.14% in the red.
Euro/Sterling has had a bullish month and the pair is up by close to 9%. Sterling/Yen tops the bearish section with a slide of 14.27%.
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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