We are heading towards weekend, so let’s see what’s moving and shaking on the FX Markets at 3 PM GMT. I’m Sinead MacLaughlin.
Euro/Australia’s decline accelerated during the day and the pair has lost more than 1%, which is the biggest move so far.
Antipodes lead the advancers and decliners table and Australian Dollar is the most bullish major, followed by Kiwi Dollar as New Zealand credit card spending increased.
Canadian retail sales disappointed, but core CPI rose more than expected and Loonie Dollar is the most bearish of the three commodity currencies, trading a fraction North of the safe-haven Yen, which is close to level with the US Dollar.
Swissie is mostly lower and just slightly up from the Sterling as UK public borrowing data disappointed.
ECB President Mario Draghi spoke earlier in the day, saying the bank will do what’s necessary to reach inflation target and Single currency is at the bottom of the table.
Weekly bulls chart is topped by Australia/Swissie and the pair has gained 2.54%. Euro/Australia shows the biggest slide and it’s more than 2% in the red.
Australia/Swissie leads the monthly advancers list and the pair has gained 6.33%. Euro/Australia is the most bearish pair and it’s more than 6% in the negative territory.
This brings Friday’s Movers and Shakers to an end. Have a nice weekend and check back on Monday for more on the financial markets. Goodbye.
