Let’s see if Mario Draghi has shaken up the currency markets on this Thursday, 9th of March.
Euro/Yen rose sharply in a couple of waves and the pair has gained a total of point 84%, which is the day’s top move.
The European Central Bank left monetary policy unchanged, sending Single currency higher and it’s the most bullish of the 8 majors on the table.
No change was announced to Swiss unemployment rate that stood steady at 3.3% and Swissie is level with the Sterling and both of the majors are near the top of the list.
Initial claims rose by 20k for the week ending March the 4th and Greenback is followed closely by the Ozzy Dollar, which is close to even with the neighboring Kiwi Dollar.
Click here to start trading these and other markets.
Crude oil has declined, putting pressure on the Loonie Dollar, which is near the bottom of the table.
Safe-haven Japanese Yen wraps up the advancers and decliners chart, moving sharply South following the ECB announcement.
Moving on to longer term performance charts, Euro/New Zealand has had a bullish week and the pair is up by more than 3%. New Zealand/Greenback has depreciated the most, standing 2.26% in the red.
Euro/New Zealand has had a bullish month and the pair has appreciated by a total of 4.62%. New Zealand/Greenback is the top decliner with a loss of more than 5%.
Trade Now
Click here to start trading these and other markets.
Disclamer : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
75.2% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.