Let’s find out what’s moving and shaking on the FX Markets at 3 PM GMT on this Monday.
Kiwi Dollar has been on a rise against the Loonie Dollar and the pair has gained point 75%, which is the day’s biggest move.
Quarterly New Zealand CPI advanced slightly slower than expected, but Kiwi Dollar is the most bullish of the 8 majors on the table.
The Bank of England MPC member Martin Weale said Brexit uncertainty suggests waiting for firmer evidence before taking any action, providing support for the Sterling.
Single currency is up against most of the rivals and it’s only a fraction up from the Buck. US housing market index was reported slipping slightly.
Greenback is close to level with the Swiss Franc.
The RBA meeting minutes will be released early tomorrow and Ozzy Dollar is having a generally bearish day.
Markets are closed for a holiday in Japan and Yen is up only from the Loonie Dollar as brent is down.
Weekly bulls chart is led by Sterling/Yen and the pair has gained 7.3%. New Zealand/Canada is the top decliner, standing 3.24% in the red.
Euro/Sterling tops the monthly advancers list with an increase of 5.55%. 8.77% is the top decline and it’s posted by Sterling/Australia.
I’m Kiays Khalil and these were Monday’s Movers and Shakers. Click back tomorrow, but for now, goodbye.
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