It’s 3 PM GMT on this Thursday and time for the Dukascopy FX Movers and Shakers.
Euro/Sterling has had a bullish day and the pair stands point 49% in the green, which is the day’s biggest move.
German IFO business climate disappointed, but Single currency is the most bullish of the 8 majors on the table.
Safe-haven Japanese Yen trades mostly higher and it’s level with a commodity currency Australian Dollar, which is just slightly up from the Swiss Franc.
US durable goods orders jumped and jobless claims declined slightly, providing support for Buck, which is followed closely by the neighboring Loonie Dollar.
New Zealand Dollar is mostly lower, trading point 17% up from the Sterling, which wraps up the advancers and decliners table, despite a sharp rise in UK Realized Sales Survey.
Sterling/Canada has gained the most ground over a week and the pair is up by slightly less than 1 and a half percent. Australia/New Zealand has had a bearish week, standing slightly more than 1% in the red.
Kiwi Dollar has gained 3.58% against the Buck over past month and that’s the biggest advance. Dollar/Yen tops the bearish section, standing close to 4% in the red.
I’m Kiays Khalil and that’s it for Thursday’s overview, but do click back for this week’s last release. Goodbye.
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