It’s time once again for the Dukascopy Movers and Shakers, where we take a look at how the 8 major currencies line up at 3 PM GMT.
Dollar/Yen shot up after noon GMT and the pair has gained a solid 1.17% to post the day’s biggest move.
US durable goods orders jumped, sending Greenback higher and it’s the most bullish of the 8 majors on the table.
Sterling is up against most of the rivals as UK MPs debate autumn statement in house of comments. Sterling got a lift as the Chancellor of Exchequer Philipp Hammond announced plans for spending on infrastructure and housing.
Australian construction work done disappointed with a quarter drop of almost 5%,but Ozzy Dollar is mostly higher.
Swiss Franc trades in a close range with the Canadian Dollar.
Flash Euro Zone Services and Manufacturing PMIs both were positive, but Single currency is mostly lower and just slightly up from the Kiwi Dollar.
It’s a bank holiday in Japan and Yen wraps up the advancers and decliners table.
Moving on to longer term performance charts, Dollar/Yen leads the weekly bulls chart with a rise of 2.67%. Euro/Dollar has meanwhile depreciated the most, standing 1.36% in the red.
Sterling/Yen has had a bullish month and the pair has gained more than 9%. Euro/Sterling tops the bearish section with a slide of 4.44%.
I’m Jack Everitt and you’ve been watching the Movers and Shakers for Wednesday. Check back in tomorrow for the next report. Goodbye.
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