It’s 3 PM GMT this Monday, so let’s see what has been moving and shaking so far in the currency markets.
Greenback has been on a rise against the Yen and the pair has gained 1.38%, which is the day’s biggest move.
Greenback has been on a rise during recent trading days and it tops the advancers and decliners table.
Commodity currencies are mostly higher and Australian Dollar is the most bullish one of them ahead of the publication of the RBA monetary policy meeting minutes.
Canadian Dollar is point 18% up from the Kiwi Dollar, which saw downward pressure as an earthquake hit New Zealand.
UK Rightmove House Price Index slipped by 1.1% and Sterling is followed by the Euro, which continues depreciating against the Buck.
Swiss PPI grew slower than expected and Swissie is up only from the Yen, which wraps up the advancers and decliners table. Japanese GDP and industrial production both surprised on upside.
So, where do these 8 majors stand in longer terms. Dollar/Yen has had a bullish week and the pair is up by 4.52%, followed closely by Sterling/Yen. Euro/Dollar has had a bearish week and it puts the pair slightly more than 3% in the red.
Sterling/Yen is the only pair that has gained more than 6% over a month and that’s the top advance. Euro/Sterling leads the bearish section, standing 4.73% in the red.
I’m Jack Everett and that’s all for Monday’s Movers and Shakers Report. Check back in tomorrow for our continuous coverage of the FX markets. Goodbye.
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