Movers and Shakers

Election week is coming to an end, so let’s see where the 8 major currencies trade at 3 PM GMT. Sterling/New Zealand is the mover of the day with a sharp rise of 1.4%. The pair surged hours into the trading day. UK Construction output accelerated and Sterling leads the advancers and decliners table, continuing to appreciate following Trump’s victory. Safe-haven Japanese Yen is mostly higher and... Еще it’s trailed by the Swiss Franc. It’s a market holiday in the US and Greenback is almost level with the Single currency, which has had a bearish week against the Buck. Commodity currencies are under pressure and Loonie Dollar is the most bullish one of them as markets are closed in Canada for a holiday. Australian Dollar is up only from the neighboring New Zealand Dollar, which wraps up the advancers and decliners table. Moving on to longer terms, Sterling/Yen leads the weekly bulls chart with a rise of almost 4%. Euro/Sterling is the top decliner, standing 2.6% in the red. Sterling/Yen has had a bullish month and the pair has shot up by close to 6%. Euro/Sterling takes the top spot on the decliners list with a slide of 4.4%. I’m ______________ and that’s all for Friday’s Movers and Shakers. Have a nice weekend and check back on Monday for more. Goodbye.

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