20.09.2016 – Movers and Shakers by Dukascopy

By | September 20, 2016

Hello traders, you’re watching the Movers and Shakers Report for Tuesday.
Pound/Swiss Franc went down after 7 o’clock in the morning, losing point 85%, which makes it the Mover of the Day.
Four currencies are trading within an extremely narrow range. Swissie is trading level with Yen ahead of the upcoming Bank of Japan Monetary Policy Statement, and both are the most bullish majors.
Remarkably enough, two commodity currencies stand just a fraction South from the safe havens, with Aussie trading slightly higher than the neighbouring Aussie.
There has been limited movement for the Euro/Dollar ahead of tomorrow’s Fed statement and, in fact, the Buck is almost level with the Common Currency.
Oil prices have slipped again, and Loonie Dollar is down against most rivals.
And there have been renewed fears the United Kingdom might be heading towards a hard Brexit, which have sent the Pound all the way to the bottom of the Advancers and Decliners table.
And here’s how things look in the long-term charts. Euro/Pound has gained most over a week, standing almost 2% in the green, whereas Pound/Yen posts the biggest decline, namely, 3.18%.
New Zealand/Canada tops the monthly chart with a gain of 4.54%, and Australia/New Zealand is the most bearish pair with a loss of 2.63%.
I’m Jessica Walker and these were the Movers and Shakers for Tuesday. Check back in tomorrow for the next overview. Goodbye for now.

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