28.10.2016 – Movers and Shakers by Dukascopy

By | October 28, 2016

Let’s take a look at the FX Movers and Shakers at 3 PM GMT as we head into the weekend.
Euro/Sterling is the mover of the day with an increase of only point 52% as the pair retreated from the daily high.
The US stock indexes are moving up and Single currency takes the top spot on the table as Preliminary German CPI advanced by point 2% month on month.
It’s followed closely by a commodity currency – New Zealand Dollar.
Swiss KOF Economic Barometer rose and Swissie is point 1% up from the Loonie Dollar.
Advance US GDP beat market expectations, making a rate hike more likely in December and Buck is level with the Ozzy Dollar. Australian PPI was reported growing slower than estimated.
Japanese Yen just slightly up from the UK Sterling, which is the most bearish of the 8 majors on the table.
Weekly bulls table is led by Euro/Yen and the pair has gained 1.81%. Canada/Swissie is the top decliner, standing just point 64% in the red.
Dollar/Yen has had a bullish month and the pair is up by 4.41%. The Cable leads the decliners section and it’s more than 6% in the red.
I’m Jessica Walker and that’s all for Friday’s Movers and Shakers. Check back on Monday for more, but for now, goodbye.

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