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The US stock indexes have opened sharply up, so let’s see what’s moving and shaking at 3 PM GMT on the FX Markets.
Sterling/Australia rose slightly, but a following slide has resulted in a loss of 1.43%, which is the day’s biggest move.
A commodity currency Australian Dollar tops the advancers and decliners table, trading point 27% up from the Loonie Dollar.
Greenback is up against most of the rivals and it stands level with the Swiss Franc.
Kiwi Dollar is the most bearish of the three commodity majors as New Zealand commodity prices slipped further.
Euro is near the bottom of the table, followed closely by the Yen. Japanese consumer confidence and economy watchers survey both were positive.
UK Manufacturing and industrial production data disappointed and Sterling is by far the most bearish of the 8 majors on the table.
Moving on to longer time ranges, Euro/New Zealand leads the weekly bulls chart and the pair has gained 4.44%. New Zealand/Yen is the most bearish pair and it’s down by a massive 6.52%.
Dollar/Canada takes the top spot on the monthly advancers list with a rise of 4.36%. Canada/Yen has declined the most and it’s 8.11% in the red.
I’m Sam Meredith and these were the Movers and Shakers for Tuesday. Click back tomorrow for the next report, but for now, goodbye.
Author: dukascopy
Tags: forex review pips forex market forex analysis
Posted: 25 January 2016
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