This Wednesday has brought plenty of economic news releases, so let’s see how they have moved the FX markets.
Sterling/Yen is the mover of the day and the pair has gained point 72% as it advanced up to approximately 8 o’clock in the morning.
UK house price index showed a rise of point 6% and Sterling leads the advancers and decliners table.
It’s followed closely by the New Zealand Dollar, which is the most bullish of the three commodity currencies.
Chicago PMI disappointed and ADP reported creation of 177 thousand jobs in August and Buck is only a fraction up from the Swisse as Swiss UBS consumption indicator increased.
German retail sales jumped by 1.7% and unemployment declined by 7 thousand, but Single currency is mostly lower.
Australian Dollar is point 11% up from the Loonie Dollar, which is having a bearish day, despite a solid GDP growth of point 6%.
Safe-haven Japanese Yen wraps up the advancers and decliners table.
Weekly bulls chart is led by Dollar/Yen, which is up by 2.72%. Australia/Dollar tops the bearish section with a decline of 1.3%.
New Zealand/Swissie has gained the most ground over a month, standing 2.6% in the green. Sterling/New Zealand shows the top slide, standing 1.77% in the red.
I’m Kiays Khalil and you’ve been watching the Movers and Shakers report for Wednesday.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#192808
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt