Hello, I`m Monica Gibson here in the Dukascopy TV Center and it’s time for Tuesday’s Movers and Shakers.
Euro/Dollar started moving sharply down after 8 o’clock and the pair has lost a total of point 77% and that’s the day’s biggest move.
China’s inflation slowed down to a five month low in October and Buck tops the advancers and decliners table.
Loonie Dollar is the most bullish of the three commodity currencies on the chart and it trades in a close range with the Sterling, which is having a generally bullish day ahead of tomorrow’s UK employment report.
Reserve Bank of New Zealand is scheduled to release its financial stability report later today and Kiwi Dollar is close to level with the Japanese Yen.
Australian business confidence declined, but home loans rose more than expected and Ozzy Dollar is slightly South of the neighboring Kiwi Dollar.
Swiss unemployment rate stood unchanged and Swissie is point 27% up from the Single currency, which wraps up the advancers and decliners table.
Dollar/Yen takes the top spot on the weekly bulls chart and the pair has gained 2.34%. Euro/Dollar has had a bearish week and it’s down by a total of 3.23%.
Dollar/Swissie has gained the most over a month and it’s up by 3.73%. Euro/Dollar is the most bearish pair over a month as well and its loss is approaching the 5% mark.
This wraps up the Movers and Shakers for Tuesday. Join us again tomorrow when the next report will be available. Goodbye.