Let’s see what’s moving and shaking among the 8 FX majors at 3 PM GMT on this busy Wednesday.
Canada/Yen is the mover of the day with a gain of 1.21% and uptrend has lasted throughout the day.
OPEC meeting has sent oil price above the 50 level and Canadian Dollar tops the table, further supported as Canadian GDP increased faster than estimated.
US ADP Non-Farm employment change was strong, driving the Buck higher and it’s up against most of the rivals.
Bank of England warned the outlook for UK financial stability remains challenging and Sterling is followed by the Kiwi Dollar. New Zealand Business confidence was reported declining.
German retail sales jumped and Euro Zone CPI advanced as expected and Euro is point 17% up from the Swiss Franc.
Swiss data has been mixed – consumption indicator rose slightly, but economic barometer slipped.
Australian building approvals disappointed with a double digit slump and Ozzy Dollar is up only from the safe-haven Japanese Yen.
Weekly advancers table is led by New Zealand/Yen and the pair has gained 2.57%. Euro/New Zealand is the top decliner and it’s close to 1% in the negative territory.
Sterling/Yen leads the monthly bulls chart and it’s up by more than 10%. Euro/Sterling is the top decliner, standing 5.41% in the red.
I’m Jessica Walker and that’s all for Wednesday’s Movers and Shakers, but do click back for Thursday’s overview. Goodbye.
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