Top Gainers and Losers: Australian dollar and US dollar


Top Gainers - global market

Over the past 7 days, the US dollar index has fallen by almost 4% due to important statistics. In October, US inflation amounted to +0.4% m/m. This is less than expected (+0.6% m/m). Now the probability of a Fed rate hike of 0.5% has exceeded 80%, while a week earlier it was only 52%. Prior to this, the American regulator raised the rate by 0.75% four times in a row and now it is 4%. It should be noted that annual inflation in the US in October for the first time in 8 months turned out to be less than 8% and amounted to 7.7%. This is the minimum since January of this year +7.5% y/y. Cryptocurrency quotes collapsed amid the possible bankruptcy of the FTX Cryptocurrency Exchange. The Australian and New Zealand dollars strengthened noticeably due to rising prices for commodities. An additional positive for them was the easing of anti-coronavirus restrictions in China. The yen was supported by an unexpectedly large Japan Current Account in September.

1.Origin Energy Ltd, +36% – Australian Energy Company

2. Adidas AG, +32.9% – German sportswear and footwear manufacturer

Top Losers - global market

1. SOLUSD – Solana (SOL) cryptocurrency

2. DOGEUSD – Dogecoin (DOGE) cryptocurrency.

Top Gainers - foreign exchange market (Forex)

1. AUDUSD, NZDUSD - the growth of these graphs means the strengthening of the Australian and New Zealand dollars against the US dollar.

2. EURUSD, EURHKD - the growth of these graphs means the weakening of the US and Hong Kong dollars against the euro.

Top Losers - foreign exchange market (Forex)

1. USDZAR, USDSEK - the decline of these graphs means the weakening of the US dollar against the South African rand and Swedish krona.

2. USDCZK, USDJPY - the decline of these graphs means the strengthening of the Czech crown and the Japanese yen against the US dollar.