Let’s see what has been moving and shaking in the forex markets this Tuesday.
We start with the Mover of the Day, which is New Zealand/Yen. The pair was trending higher for most of the day, gaining 1.46%.
New Zealand exports went up in June, and Kiwi is at the top of the Advancers and Decliners table, a fraction up from the Yen.
Aussie Dollar is trading mostly higher ahead of the upcoming CPI data.
Sterling finds itself point 14% up from the US Dollar, which lost some ground on weaker service PMI.
Moving just a fraction lower, there’s the neighbouring Loonie, which, in turn, is trading almost level with the Common Currency.
And Swissie is the most bearish of the eight majors, trading point 64% South of Euro.
Moving on to the long-term charts, Dollar/Canada has gained most over the last 7 days, as it’s up by 2.14%. Canada/Yen tops the weekly decliners chart, having lost 3.19%.
Euro/Pound still remains the top performer over a month with a gain of 8.8%, whereas Pound/Australia has lost 10.85%, and it is the most bearish pair.
I’m Kiays Khalil and you’ve been watching the Movers and Shakers for Tuesday. We’ll be back tomorrow, but for now, goodbye.
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