Hello, I’m Monica Gibson and these are the Dukascopy FX Movers and Shakers for Thursday, 12th of November.
Australia/Canada is the mover of the day and the pair has gained slightly more than 1% as it surged during the early trading hours.
Australian employment data was extremely strong, making a rate cut by the RBA less likely and Ozzy Dollar tops the advancers and decliners table.
Swiss Franc is mostly higher and it’s in a narrow range with a number of majors, including Single currency, which did take a hit as Draghi said inflation dynamics have weakened.
UK house price balance rose more than expected and Sterling is close to level with the Buck and the Japanese Yen.
A couple of commodity currencies are at the bottom of the list – New Zealand Dollar is only a fraction up from the Loonie Dollar, which is the most bearish major.
Weekly bulls chart is led by Sterling/New Zealand with an increase of 1.35%. New Zealand/Dollar shows the biggest slide over the same term and it’s down by 1.7%.
Dollar/Swissie tops the monthly advancers list and the gain measures at 4.62%. Euro/Dollar is the most bearish pair and it has lost 5.7%.
That’s it for now, but do click back tomorrow for this week’s last report. Goodbye.