It’s time to take a look at what has been moving and shaking on the currency markets so far this Thursday.
All of the set-backs have been followed by rises for the Canada/Yen and the pair shows the biggest move of the day, standing point 64% in the green.
Fed’s Yellen said rate rise could become appropriate relatively soon and Loonie Dollar takes the top spot on the advancers and decliners table.
UK retail sales jumped by 1.9% and Sterling is having a bullish day, trading a fraction up from the Buck as Fewest Americans applied for jobless claims since 1973.
Final Euro Zone CPI was revised slightly higher and Euro is followed closely by the Swiss Franc.
Antipodes are mostly lower and Kiwi Dollar is almost even with the Ozzy Dollar. Australian employment change disappointed, but jobless rate surprised on upside by staying unchanged.
Safe-haven Japanese Yen sits at the bottom of the advancers and decliners table.
Let’s see where the 8 majors stand in longer terms. Canada/Yen tops the weekly bulls chart, standing 3.17% in the green. Australia/Canada is the top decliner with a slide of 2.26% and there are a couple more pairs that have lost more than 2%.
Sterling/Yen has had a bullish month and the pair has appreciated by 6.63%. Euro/Sterling is the top decliner, standing 3.68% in the red.
I’m Jack Everitt and that brings Thursday’s Movers and Shakers to an end. Check back in tomorrow for the next report. Goodbye.
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