Movers and Shakers

We have a couple of monetary policy announcements on the schedule this Wednesday, so let’s find out what’s moving and shaking on the FX Markets.
Most of the day has been bearish for the Sterling/Australia and the pair stands more than 1% in the red, which is the day’s biggest move.
Australian inflation data was stronger than expected and Ozzy Dollar is the most bullish of the 8 majors on the table.
Loonie Dollar trades up against most of the rivals and it’s less than one tenth of a percent up from the Single currency.
Swiss UBS consumption indicator rose and Swissie is level with the Kiwi Dollar. The RBNZ rate statement is due later.
Buck is near the bottom of the table ahead of the much anticipated FOMC announcement.
Japanese Yen is up only from the UK Sterling, which is the most bearish major as the UK house price index rose, but less than estimated.
Moving on to longer term charts, Canada/Yen takes the top spot on the weekly bulls chart and the pair has gained a solid 5.49%. Euro/Canada has depreciated the most and it’s 3.69% in the red.
Euro/New Zealand shows the biggest rise over a month and the pair stands more than 4% in the green. New Zealand/Yen is the top decliner with a slide of 6.2%.
I’m Sam Meredith and these were the Movers and Shakers for Thursday. Goodbye for now.