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Weekly Top Gainers/Losers
Top Gainers – The World Market
The powerful weakening of the US dollar came in anticipation of another bailout package for the US economy hit by the coronavirus. It was assumed that the funds would be obtained through the Fed’s money issue and, basically, would be mostly donated as subsidies. The US authorities continue the discussion on this subject. The euro strengthened after the heads of the EU countries agreed on their plan for financial assistance to the European economy. Against the background of the quarantine, car sales and stocks of automakers decreased significantly.
1.Centrica PLC, 23.55% – а British gas and electricity utility company
2. &GAS/RUB, 16.25% – a Personal Composite Instrument (PCI) NATGAS vs RUB
Top Losers – The World Market
1. Intel Corp – an American computer processor manufacturer
2. Mitsubishi Motors Corp – a Japanese car manufacturer
Top Gainers – Foreign Exchange Market (Forex)
1. USDRUB, EURRUB - the growth of these charts means the strengthening of the euro and the US dollar against the Russian ruble.
2. EURTRY, EURZAR - the growth of these charts means the strengthening of the euro against the Turkish lira and the South African rand.
Top Losers – Foreign Exchange Market (Forex)
1. USDPLN, USDCZK - the drop of these charts means the weakening of the US dollar against the Polish zloty and the Czech koruna.
2. USDDKK, USDSEK - the drop of these charts means the weakening of the US dollar against the Danish and Swedish krona.
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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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