Movers and Shakers

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It’s 3 PM GMT on this year’s first trading day, so let’s find out what’s moving and shaking on the FX Markets.
The day’s biggest move is a drop of close to 2% and it’s posted by New Zealand/Yen. Early hours were particularly bearish for this pair.
China sell off was followed by declining stocks around the World and a safe-haven Yen leads the advancers and decliners table as Finalized Japanese Manufacturing PMI was revised slightly up.
Greenback is mostly higher and it’s followed closely by a couple of majors.
Final Euro Zone Manufacturing PMI was revised up and Sterling is close to level with the Sterling as UK Manufacturing PMI declined.
Loonie Dollar trades point 14% up from the Swissie. Swiss Manufacturing PMI was reported rising sharply.
China Manufacturing PMI moved further below the 50 level and New Zealand Dollar is up only from the Australian Dollar, which wraps up the advancers and decliners table.
Weekly bulls list is led by Dollar/Swissie and the pair has gained 1.55%. Swissie/Yen is the top decliner and it’s 2.42% in the red.
Euro/Canada leads the monthly advancers table and it’s up by 6.47%. Canada/Yen is the most bearish pair and it’s down by close to 7%.
I’m Sam Meredith and that’s it for Monday’s Movers and Shakers report. Do click back tomorrow for the next report, but for now, goodbye.

Author: dukascopy
Tags: forex review pips forex market forex analysis
Posted: 21 January 2016
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Movers and Shakers