Movers and Shakers

US jobless claims report was a positive surprise, so let’s see how this reflects on the FX markets. Sterling is under pressure and Cable shows the biggest move, which is a decline of close to 1% as the pair dropped hours into the trading day. US jobless claims report was positive and Buck trades on top of the advancers and decliners table on growing speculations of a 2016 rate hike by the Fed... Еще. German Factory Orders rose more than expected and Single currency is point 35% South of the Buck. Kiwi Dollar is followed closely by the Loonie Dollar as Canadian building permits jumped by double digits. Japanese Yen trades in a close range with the Swiss Franc, which is point 12% up from the Ozzy Dollar. Australian trade deficit narrowed down, but Ozzy Dollar is the most bearish of the three commodity currencies. Brexit remains the driver for the Sterling, which is at the bottom of the advancers and decliners table. So, what are the major movers in longer terms. Dollar/Yen has had a bullish week and the pair is up by 2.32%. The Cable has been on a slide recently and the pair is 2.6% in the red. Monthly bulls table is led by Euro/Sterling with a solid rise of 5.64%. The Cable tops the bearish section, standing almost 6% in the red. I’m Sam Meredith and these were the Movers and Shakers for Thursday. Click back tomorrow for this week’s last report, but for now, goodbye.

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