FOMC Meeting Minutes are scheduled for a release later in the day, so let’s see how the 8 major currencies line up at 3 PM GMT.
Ozzy Dollar has been on a rise against the Yen and the pair stands point 72% in the green, which is the day’s biggest move.
Advancers and decliners table shows a mixed picture – Australian Dollar takes the top spot, followed by the Greenback, which is mostly higher ahead of the publication of the FOMC Meeting Minutes.
Swiss ZEW Economic Sentiment rose and Swissie is just slightly South of the buck.
New Zealand Dollar is followed closely by the Single currency as Euro Zone Industrial Production rose more than expected and Euro is almost level with the Canadian Dollar.
Sterling has seen fair share of ups and downs recently and it slipped once again as the Secretary of State for Exiting the EU said the UK government cannot provide details on top priorities for Brexit negotiations as that would make them costlier.
Japanese Yen sits at the bottom of the advancers and decliners table.
Moving on to longer terms, Euro/Sterling is by far the most bullish pair on the weekly table with a rise of 2.6%. The Cable tops the bearish list, standing more than 4% in the red.
Euro/Sterling has gained the most ground over a month and it’s up by close to 7%. Sterling/Australia is the most bearish pair and The Cable is also down by more than 8%.
I’m Celeste Skinner and that’s all for Wednesday’s Movers and Shakers. Check back tomorrow, but for now, goodbye.
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