2019 Finest and Worst Performing Main Currencies - Speaking Factors:The Canadian Dollar appears set to win 2019’s forex battleBar
2019 Finest and Worst Performing Main Currencies – Speaking Factors:
- The Canadian Dollar appears set to win 2019’s forex battle
- Barring unlikely last-minute reprieve, the Euro will lose it
- The New Yr could effectively see some league desk shifts, however they could have to attend some time
| Change in | Longs | Shorts | OI |
| Daily | 8% | 5% | 6% |
| Weekly | -25% | 33% | 3% |
Canadian Greenback bulls look set for the largest New Yr’s Eve celebrations this yr, with followers of the Euro prone to mark the tip of 2019 in additional muted trend.
The Loonie has been the standout performer amongst main traded currencies this yr, gaining practically 4% in opposition to the Greenback up to now. The only forex has fared a lot worse, shedding 3.10% in opposition to the buck.
Is that this rating prone to change within the New Yr? Nicely, not clearly no less than within the quick time period. The Canadian Greenback has been buoyed up by steadily rising oil…