Currency Strength Meter: 20th September
The currency strength meter this week highlights the stronger currencies were CAD, EUR, JPY and USD. The weaker currencies were GBP, AUD, NZD and CHF. The Swiss Franc being the weakest currency out of all which could offer further opportunities going into this week. The stock markets falling have led to the rise in safe haven currencies although the CAD has been propped by a bullish Oil market. If stocks continue to decline we could see another strong week for the USD and JPY against some of the weaker currencies.
Trending Pairs of the week:
NZDUSD, EURNZD, NZDCAD, NZDJPY, USDCHF, EURCHF, CADCHF, CHFJPY.