It’s 3 PM GMT on this Tuesday and time for the Dukascopy Movers and shakers. I’m Monica Gibson.
Australia/Swissie was flat for hours, but a rise that started at approximately 7:30 AM has taken the rate up by point 8%, which is the day’s biggest move.
The RBA meeting minutes were generally hawkish and Australian Dollar tops the advancers and decliners table.
UK CPI remained slightly in the red, but core reading rose and Sterling is a fraction up from a commodity currency, the Loonie Dollar.
Japanese Yen is level with the Buck as US inflation advanced in line with estimates.
German ZEW Economic Sentiment release was positive, but Single currency is mostly lower and followed closely by the Kiwi Dollar.
The commodity currency is up only from the Swiss Franc, which wraps up the advancers and decliners list.
Let’s find out what are the moves in longer terms. Sterling/Swissie has appreciated the most over a week and it’s almost 2% in the green. 1.66% is the top decline and it’s posted by Euro/Sterling.
Dollar/Swissie shows the biggest rise over a month and it’s up by 6.51%. Euro/Dollar is the most bearish pair with a loss of 6.83%.
This wraps up Tuesday’s report, but do click back tomorrow for the next release. For now, goodbye.
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