A number of markets are closed for market holidays, so trading is lighter than usual, but let’s see where the 8 majors stand at 3 PM GMT. I’m Jessica Walker.
The Cable is the mover of the day and the pair has gained only point 31% as it rose early in the day and then once again after 9 o’clock.
UK Unemployment rate declined to 5.3% and Sterling tops the advancers and decliners table.
Commodity currency trio trades in a narrow range. Despite a slowdown in Chinese industrial production growth Ozzy Dollar is near the top of the table.
It’s a market holiday in Canada and Loonie Dollar is just slightly North of the Kiwi Dollar.
Safe-haven Japanese Yen trades in a close range with a number of majors, including Single currency and Swiss Franc.
The US market is shut for a bank holiday and Greenback sits at the bottom of the table.
Moving on to longer term charts, Dollar/Yen shows the biggest rise over a week and it’s up by 1.41%. Euro/Dollar is the top decliner with a slide of 1.41%.
Dollar/Swissie has gained the most over a month and the pair stands 4.6% in the green. Euro/Dollar leads the bearish section with a slide of 5.6%.
That’s it for Wednesday’s Movers and Shakers. We’ll be back tomorrow with the next release, but for now, goodbye.
