Top Gainers and Losers: Japanese Yen and Canadian Dollar


Top Gainers - global market

Over the past 7 days, the US dollar index remained almost unchanged. Investors are looking forward to the Fed meeting on December 14 and the rate hike to 4.5% from the current level of 4%. The euro showed strengthening ahead of the next meeting of the European Central Bank on December 15th. His rate (2%) can also be raised. An additional positive for the euro was the EU GDP growth of 2.3% y/y in the 3rd quarter. This is more than expected. The yen strengthened in anticipation of the tightening of the monetary policy of the Bank of Japan at its December 20 meeting. In addition, Japan Gross Domestic Product fell less than expected in the 3rd quarter (-0.8% y/y). The weakening of the Canadian dollar was facilitated by a relatively small increase in the Bank of Canada rate at a meeting on December 7 - to 4.25% from 3.75%. The Mexican peso weakened as inflation fell to 7.8% y/y in November. This may prompt an easing of the monetary policy of the Bank of Mexico at its December 15 meeting. His rate is now 10%.

1. Sands China Limited, +22.9% – casino and hotel management company in Macau

2. Wynn Macau, Limited, +61.9% – casino and hotel management company in Macau

Top Losers - global market

1. Salesforce.com, inc. – American IT company, software developer

2. Downer EDI Limited – Australian multidisciplinary holding.

Top Gainers - foreign exchange market (Forex)

1. EURMXN, EURCAD - the growth of these charts means the strengthening of the euro against the Mexican peso and the Canadian dollar.

2. NZDCAD, GBPCAD - the growth of these graphs means the weakening of the Canadian dollar against the New Zealand dollar and the British pound.

Top Losers - foreign exchange market (Forex)

1. CADJPY, CADCHF - the fall of these charts means the weakening of the Canadian dollar against the Japanese yen and the Swiss franc.

2. USDCZK, AUDNZD - the fall of these charts means the strengthening of the Czech crown and the New Zealand dollar against the US and Australian dollars.