Commodity currencies are top performers on this Wednesday, so stay with us to find out more with these Movers and Shakers.
Australia/Swissie is the mover of the day and the pair has gained more than 1% or 74.7 pips as it surged particularly sharply just shortly after midnight.
China’s trade report surprised on upside and commodity trio tops the advancers and decliners table. Australian Dollar is the most bullish of the 8 majors ahead of the key employment data out later.
New Zealand Dollar is point 14% up from Canadian Dollar.
Euro zone industrial production declined more than expected and Single currency is followed closely by the Greenback.
The bank of England monetary policy statement is due tomorrow and Sterling is point 15% up from the Japanese Yen.
Swiss National Bank Vice Chairman Fritz Zurbrugg said domestic currency remains strong and Swissie is at the bottom of the table.
Let’s see what’s moving and shaking in longer terms. Euro/Sterling leads the weekly bulls chart and Euro/New Zealand has also gained more than 2%. Sterling/Yen is the top decliner and it’s down by 1.87%.
Dollar/Canada has gained the most over a month and it’s up by 3.63%. Sterling/Yen shows the biggest slide and it’s 6.83% in the red.
I’m Sam Meredith and these were the Movers and Shakers for Wednesday. Tune in tomorrow for the next report, but for now, goodbye.
