The European trading is over on this Wednesday, so let’s see what has been moving and shaking.
New Zealand/Canada was trending higher for most of the day, gaining point 75%, and it is enough to make it the Mover of the Day.
Kiwi has recovered the ground it lost yesterday, and then some, as it’s point 26% up from the Swissie.
Euro Zone industrial production slipped in July, but the Common Currency still is up against most rivals.
Australian consumer confidence continued to improve in September, and Aussie is a fraction North from the Greenback.
Pound is trading mostly lower ahead of tomorrow’s Bank of England statement, and it stands almost level with the Yen.
And the weaker oil prices continue to put pressure on the Loonie, which is the most bearish major.
And here’s a look at the long-term charts. Euro/Australia has gained most over a week, standing 2.75% in the green, whereas Australia/Dollar is the most bearish pair with a loss of 2.81%.
Pound/Australia is the top performer in monthly terms, having gained 5.14%, and the Antipodes show markedly different results over the same period, as Australia/New Zealand has lost 3.68%.
I’m Sam Meredith and these were the Movers and Shakers for Wednesday. We’ll be back tomorrow to cover the latest developments, but until then, goodbye.
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