Technical Analysis

The JPY is the strongest currency this week, while the GBP was the weakest

The USD was mostly higher

As the week comes to a close, which currencies were the big movers?

Taking a look at the % changes of the major currencies, the JPY was the strongest helped by “safety flows”.  The GBP was the weakest as traders got antsy about the lack of Brexit progress.  

The USD was mostly higher rising against all the currencies with the exception of the NZD (down -0.10%) and the JPY (the greenback fell -0.71%) .


Articles You May Like

Canada: Retail sales to continue with the run of strong economic data – RBC
Forex 1 Minute Scalping Strategy – Best Indicator for 1 Minute Forex
Forexlive Americas FX news wrap: U of Michigan consumer sentiment sends the USD higher
Can China Outlast the US Through Painful Trade War Escalation?
AUD May Trim Election Gains as Yen Rebounds on Powell Speech

Leave a Reply

Your email address will not be published. Required fields are marked *