Sterling has slightly recovered from the recent low, so let’s see how this reflects on the advancers and decliners table.
Most of the day has been bullish for the Sterling/Yen and the pair has gained 1.63%, which is the day’s biggest move.
Sterling’s rebound puts it on top of the advancers and decliners table, despite a decline in UK CBI realized sales survey balance.
New Zealand Dollar is the most bullish of the three commodity currencies and it’s point 22% South of the top advancer.
German import prices jumped by point 9% and Single currency is up against most of the rivals, trailed by the Ozzy Dollar.
Final US GDP was revised slightly higher and consumer confidence jumped to 98 and Buck is close to level with the Loonie Dollar.
Swiss Franc is up only from the Japanese Yen, which is by far the most bearish of the 8 majors on the table.
Moving on to longer terms, Euro/Sterling has had a bullish week and the gain measures at more than 5%. Sterling/Yen tops the bearish table, standing 7.94% in the red.
Euro/Sterling has shot up by more than 9% over the past month to lead the bulls chart. Sterling/Yen has meanwhile plummeted by a massive 15.44%.
I’m Lucy Palfreeman and these were the Movers and Shakers for Tuesday. Click back tomorrow, but for now, goodbye.
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