You’re watching the Dukascopy Movers and Shakers, where you can find out how the 8 major currencies line up at 3 PM GMT.
Euro/Yen was heading sharply down up to approximately 9 o’clock and the pair has declined by close to 1%, which is the biggest move among the 8 majors.
Finalized Japanese industrial production was revised higher and Yen tops the advancers and decliners table on safe-haven flows.
US retail sales surprised slightly on upside and Buck is mostly higher ahead of the Fed’s rate statement, which is due tomorrow.
Loonie Dollar is the most bullish of the three commodity currencies on the table and it’s slightly up from Ozzy Dollar as Australian business confidence slipped.
Swiss Franc is point 15% up from the New Zealand Dollar.
Annual UK CPI stood unchanged at point 3% and sterling is up only from the Euro, which wraps up the advancers and decliners table, despite a jump of 1.1% in the bloc’s industrial production.
Euro/Sterling has gained the most ground over a week, standing 1.57% in the green. Sterling/Swissie leads the bearish section with a slide of 3.91%.
NZD/Buck is still the most bullish pair over a month with a rise of 2.85%. Sterling/New Zealand has had a bearish month, standing more than 5% in the red.
I’m Celeste Skinner and that’s it for Tuesday’s Movers and Shakers, but we`ll be back once again tomorrow with the next report, so click back.
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