These are the Dukascopy Movers and Shakers with an FX market overview for Tuesday at 3 PM GMT.
Kiwi Dollar rose against the Buck during the early trading hours and the pair has gained close to a half a percent, which is the day’s biggest move.
New Zealand Dollar tops the advancers and decliners table, followed by the Loonie Dollar as oil rebounded towards the 50 level in a sharp rise.
UK industrial order expectations balance moved further into the red, but less than estimated and Sterling is mostly higher.
Swiss trade surplus narrowed down sharply and Swissie is point 12% South of the Sterling.
Australian Dollar is the most bearish of the three commodity currencies on the table and it trades in a close range with the Japanese Yen as Japan’s Flash Manufacturing PMI increased towards the 50 level.
Flash Euro Area PMIs were mixed and Single currency is mostly lower and up only from the Buck, which wraps up the advancers and decliners table.
Moving on to longer terms, Sterling/Australia tops the weekly bulls chart and it’s the only pair that has gained more than 2%. Australia/New Zealand tops the bearish section, standing close to 2% in the red.
Kiwi Dollar has been on a rise against the Buck during the past month, gaining 4.16%. Dollar/Yen is the most bearish pair and it’s 6.21% in the negative territory.
I’m Sam Meredith and this wraps up the Movers and Shakers for Tuesday. Check back on Wednesday, but for now, goodbye.
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