Let’s find out where the 8 major currencies trade ahead of the key publication of the FOMC Meeting Minutes.
Ozzy Dollar has been on a slide against the surging Buck and the pair stands point 84% in the red, which is the day’s biggest move.
Investors are awaiting the latest FOMC monetary policy meeting minutes to assess the outlook for interest rates and Buck has shot higher to trade on top of the advancers and decliners table.
Single currency is having a generally bullish day as well and it’s close to level with the Loonie Dollar, which is the most bullish of the three commodity currencies on the table.
Sterling benefited from the positive UK claimant count change and it trades in a close range with the Swiss Franc as Swiss ZEW economic expectations moved in the negative territory.
Japanese Yen has been under pressure, giving up some of the recent gains against the Buck.
Antipodes are at the bottom of the table and despite a positive overnight employment report Kiwi Dollar is up only from the Ozzy Dollar, which is the most bearish of the 8 majors on the table.
Moving on to longer terms, Euro/Australia tops the weekly bulls chart with a rise of more than 2%. Australia/Swissie has declined the most, standing 2.76% in the red.
Euro/Sterling has gained the most ground over a month and the pair is up by more than 4%. Sterling/yen shows an impressive drop of 7.13% over the same term.
I’m Sam Meredith and this brings Wednesday’s Movers and Shakers to an end, but make sure you click back for next overview. Goodbye.
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