Top Gainers/Losers: Euro and American Dollar | IFCM Canada
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Top Gainers/Losers: Euro and American Dollar

20/5/2021

Top Gainers Top Gainers – The World Market

Over the past 7 days, the US dollar continued to weaken. Investors questioned the Fed's monetary tightening at its next meeting on June 16. The euro has strengthened as some market participants see it as an alternative to the US dollar. In addition, inflation remains low in the EU, in contrast to the US. In April, core inflation in the Eurozone was only 0.7% in annual terms. Copper fell after the Chinese authorities announced that too strong growth in the cost of non-ferrous metals and other raw materials could negatively affect the Chinese economy and they will make efforts to limit it. In the same context, there was a weakening of the currencies of such commodity countries as the New Zealand and Australian dollars.

1.Isuzu Motors Limited, +21,9% – Japanese manufacturer of commercial vehicles, trucks and industrial motors

2. COMMERZBANK AG, +11,5% – German bank

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Top Losers Top Losers – The World Market

1. Canadian Pacific Railway Limited – Canadian railway company

2. Antofagasta PLC – copper producer from Chile.

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Top Gainers Top Gainers – Foreign Exchange Market (Forex)

1. EURTRY, USDTRY - the growth of these charts means the strengthening of the euro and the US dollar against the Turkish lira.

2. EURAUD, EURNZD - the growth of these charts means the weakening of the Australian and New Zealand dollars against the euro.

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Top Losers Top Losers – Foreign Exchange Market (Forex)

1. AUDCHF, AUDCAD - the drop in these charts means the weakening of the Australian dollar against the Swiss franc and the Canadian dollar.

2. NZDUSD, NZDCHF - the drop in these charts means the strengthening of the US dollar and Swiss franc against the New Zealand dollar.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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