This week, i am going to make an summary of 5 currency mover such as AUD,GBP,CHF,JPY, EUR toward USD currency. Moreover, if we look at AUD/USD currency for this week is slowly moving down. There have some fundamental factors which give a big influence for AUD currency mover like ANZ job advertisements m/m rise slightly from 1.2% (previous) to 2.4% (actual) and Retail sales m/m drop from 0.4% to 0.2%. Employment change has increase slightly from 1.8K to 24.0K but for Unemployment rate was still the same with previous result which was 5% only. In the short time, AUD/USD was going down from 7-12 february, you can see screenshoot below:
EUR/USD, on this currency mover for this week show fluctuate from 7-12 February, some influence factors that affect EUR such as German factory orders m/m dropped from 5.2% to -3.4%, France trade balance also dropped from -4.1B to -5.1B. In contrary, German trade balance can pump up from 11.8B to 14.0B as well as France industrial production show good sign to 0.3%. EUR/USD stand on 1.3538, the preview EUR currency mover shown below:
GBP/USD, this currency mover showed down, some factors influence are like RICS house price balance rise slightly from -39% to -31%, Trade balance dropped from -8.5B to -9.2B, manufacturing production m/m dropped from 0.6% to -0.1% and for others impact like Asset purchase facility and Official Bank Rate were the same result from previous. On 11 February, PPI input and output m/m show good result from 3.9% to 1.7% so that increase a little bit.
USD/CHF, this currency mover weekly declined, it was caused by some important factors for USD were having a good sign such as Consumer Credit, Unemployment Claim, Prelium UoM Consumer Sentiment. Even thought, USD Trade Balance was down slightly.
USD/JPY, for this currency mover showed that there have no big indicator influence on this weeks, the cause of going up is because of USD good sign.
In conclusion, 5 major currency declined toward USD in this week. But, the screenshoot above was just in the short term means that if we look for the long term condition, 5 major currency show a good sign step by step so that trader must to consider both technical and fundamental analysis in order to take a right decision in the market place.
Source: ForexFactory
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