12.09.2016 – Movers and Shakers by Dukascopy

By | September 12, 2016

Let’s find out where the 8 major currencies trade at 3 PM GMT on this Monday.
Canada/Yen is the mover of the day with a decline of point 81%. Early hours were flat, followed by a sharp decline and a rebound from the daily low.
Economic calendar is light on this Monday and Yen tops the advancers and decliners table. Japanese preliminary machine tool orders showed decline slowing down and core machinery orders jumped by almost 5%.
UK Leading index was reported unchanged and Sterling is point 2% South of the top advancer.
Swiss Franc trades mostly up and it’s point 13% up from the Buck. US stock indexes rose after the red Friday.
Single currency is up only from the commodity currency trio, which is under pressure and they line up as follows – Kiwi Dollar, followed by the Ozzy Dollar and at the bottom of the table is the Loonie Dollar.
Weekly bulls chart is led by Euro/Canada with a rise of 1.17%. Canada/Yen has depreciated the most over the same term, standing 2.6% in the red.
Sterling/Australia tops the monthly bulls table with a rise of close to 5%. Australia/New Zealand has had a bearish month and the pair is down by 3.65%.
I’m Kiays Khalil and that’s all for Monday’s Movers and Shakers, but do click back tomorrow when the next report will be available. Goodbye.

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