Movers and Shakers

Let’s see what’s moving and shaking on the FX Markets at 3 PM GMT on the final trading day of this week. Sterling/New Zealand has posted the day’s biggest move, which is a decline of point 71%. Rate rose after 8 o’clock, but continued moving lower once again afterwards. New Zealand Dollar is the most bullish of the 8 majors on the advancers and decliners table. Italian retail sales declined... Еще, but Euro trades mostly higher and it’s followed closely by the Swiss Franc. Australian Dollar trades in a narrow range with the Japanese Yen, which has partially recovered the recent loss against the Buck. US trade data disappointed and Greenback is near the bottom of the list, followed closely by the Loonie Dollar, which saw downward pressure as Oil declined. Second estimate of the UK GDP brought no change to initial reading of a half a percent and Sterling is the most bearish major, despite positive Preliminary business investment and CBI realized sales reports. Moving on to longer term performance charts, Australia/Yen takes the top spot on the weekly bulls chart with a rise of 3.41%. Euro/Australia has depreciated the most over the same term, standing slightly more than 1% in the red. Sterling/Yen has had a bullish month and it’s up by almost 10%. Euro/Sterling leads the bearish section and the pair is down by 4.47%. I’m Jack Everitt and that’s all for Friday’s Movers and Shakers. Have a nice weekend and check back on Monday for more on FX Markets. Goodbye.

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