Top Gainers and Losers: Australian dollar and Japanese yen


Top Gainers - global market

Over the past 7 days, the US dollar index has increased. The main reason for this was the expectations of investors to raise the U.S. rate. The Federal Reserve at its May 4 meeting was still up 0.5% to 1%. According to CME FedWatch, there is a 68% chance of such an event happening. The leaders of growth are the currencies of the countries exporting commodities: the Australian, New Zealand and Canadian dollars, as well as the Norwegian krone. This is facilitated by the growth of commodity prices amid high inflation in developed countries.

1.Alibaba Group, +52,8% – Chinese online store

2. Baidu Inc., +43% – Chinese internet company (Baidu.com)

Top Losers - global market

1. XAUOIL – gold instrument gold vs Light Sweet Crude Oil (WTI)

2. WHEAT/RUB – personal composite instrument wheat against Russian ruble.

Top Gainers - foreign exchange market (Forex)

1. AUDJPY, AUDUSD - the increase in these charts means the strengthening of the Australian dollar against the Japanese yen and the US dollar.

2. NZDJPY, CADJPY - the increase in these charts means the weakening of the Japanese yen against the New Zealand and Canadian dollars.

Top Losers - foreign exchange market (Forex)

1. USDRUB, EURRUB - the decline in these charts means the weakening of the US dollar and the euro against the Russian ruble.

2. EURAUD, USDNOK - the decline in these charts means the strengthening of the Australian dollar and the Norwegian krone against the euro and the US dollar.