It’s 3 o’clock PM on this Thursday, so let’s find out where the 8 major currencies stand.
Ozzy Dollar has been on a slide against the Swiss Franc and the pair is down by close to 1%, which is the day’s biggest move.
Swiss KOF Economic Barometer rose and Swiss Franc sits on top of the advancers and decliners table.
US data was mixed as jobless claims increased, but Chicago PMI jumped well above the 50 level and Buck is close to level with the safe-haven Japanese Yen.
Single currency has seen some positive news – German retail sales surprised on upside, unemployment contracted by 6 thousand and bloc’s inflation rose slightly.
New Zealand business confidence jumped by close to 10 points and Kiwi Dollar is just a fraction South of the Euro.
Finalized UK GDP was unchanged, but current account deficit contracted less than expected and Sterling is near the bottom of the table.
Canadian GDP rose in line with estimates and Loonie Dollar is up only from the Australian Dollar, which wraps up the advancers and decliners table.
Let’s find out where these 8 majors stand in longer terms. Euro/Sterling tops the weekly bulls table with a massive rise of 7.94%. Sterling/Yen is down by 11.73% over the same term.
Euro/Sterling is on top of the monthly bulls chart with a rise of more than 8%. Sterling/Yen shows the biggest drop, standing 14.51% in the red.
I’m Celeste Skinner and that’s it for Thursday’s Movers and Shakers. We`ll be back tomorrow with this week’s last report, but for now, goodbye.
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