Let’s find out what’s moving and shaking on the FX Markets at 3 PM GMT on this week’s last trading day.
Sterling/Yen was flat for hours, but a late slide puts the pair almost 1% in the red, which is the day’s biggest move.
China retail sales and industrial production growth slowed down and a safe-haven Japanese Yen tops the advancers and decliners table.
German GDP report showed growth exceeded expectations and Single currency is mostly higher.
Loonie Dollar is close to level with the Kiwi Dollar as overnight New Zealand retail sales report surprised on upside.
Swiss Franc is followed by the Buck. US retail sales declined against expectations for an increase, making a rate increase by the Fed less likely.
Australian Dollar is having a bearish day and it’s up only from the Sterling, which wraps up the list as UK construction output disappointed.
Weekly bulls chart is led by Euro/Sterling and the pair has gained 1.79%. Sterling/Canada tops the bearish section, standing 2.4% in the red.
Euro/Sterling has gained the most ground over a month as well and the pair stands 2.71% in the green. Sterling/Yen is the most bearish pair and it’s down by close to 5%.
I’m Sam Meredith and you’ve been watching Friday’s Movers and Shakers. Have a nice weekend tune in on Monday for more on FX.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#191385
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt