Start of the trading day is positive for the US stocks, so let’s see how the 8 major currencies line up at 3 PM GMT.
The day’s biggest move is an increase of 1.87% and it’s posted by Australia/Yen. There have been three steep rises, followed by hours of relatively flat rate movement at times.
Antipodes lead the advancers and decliners table and Australian Dollar tops the chart.
Kiwi Dollar is point 51% South from the neighboring Ozzy Dollar as New Zealand trade deficit narrowed down and RBNZ said further policy easing may be required.
UK Gross Domestic Product grew in line with estimates and Sterling is just a fraction up from the Loonie Dollar.
Single currency is close to level with the Swiss Franc.
US durable goods dropped by more than 5%, but jobless surprised on the upside and Buck is up only from the Yen, which wraps up the advancers and decliners table ahead of a batch of data from Japan that will be released later.
Let’s find out what are the performance trends over longer terms. Canada/Yen shows the biggest rise over a week and it’s 4 and a half percent in the green. Dollar/Canada takes the top spot on the bearish chart and it’s 2.75% in the red.
Euro/New Zealand is up by 5.85% and that’s the biggest advance over a month. New Zealand/Yen has declined the most and it’s down by 6.77%.
I’m Jessica Walker and these were the Movers and Shakers for Tuesday. Click back tomorrow for the next report, but for now, goodbye.
