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%) .

ForexLive

Articles You May Like

Japan’s Suga expects the BOJ to continue with efforts to hit inflation target
USD/JPY stays in tight trading range below 111.50
US Dollar Outlook Remains ’Neutral’; Awaiting Latest Brexit Vote
Forex Online Trading Course for Beginners/Forex Signals
Ireland’s Donohoe: We have no desire to trap UK indefinitely in the backstop

Leave a Reply

Your email address will not be published.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