- Analytics
- Top Gainers / Losers
Top Gainers and Losers: US Dollar and South African Rand
Top Gainers - global market
Over the past 7 days, the US dollar index has risen. At the same time, US dollar was unable to update the 20-year high recorded 2 weeks ago. The main positive factor is investors' expectations that the Federal Reserve System (Fed) will raise the rate immediately by 0.5% to 2.25% at the next meeting on July 27th. Now CME FedWatch estimates the probability of such an event at 83.2%. The strengthening of the US dollar contributed to lower prices for precious metals and commodities. This, in turn, weakened the currencies of commodity countries: the South African rand, the Australian and New Zealand dollars. High natural gas prices in the European Union have pushed energy-intensive companies such as steelmaker ThyssenKrupp AG down. The ongoing crisis in Ukraine contributed to the weakening of the currencies of European countries that are not part of the euro area: the Polish zloty, Czech and Swedish krona. The Turkish lira has strengthened slightly due to the start of the tourist season. Investors expect an influx of foreign currency from tourists.
1. Sands China Ltd, +24,7% – Chinese management company for a network of casinos and hotels in Macau
2. Tokyo Electric Power Company, Inc, +23,5% – Japanese electric company
Top Losers - global market
1. Regis Resources Ltd – Australian precious and non-ferrous metals mining company
2. ThyssenKrupp AG – German steel company
Top Gainers - foreign exchange market (Forex)
1. USDZAR, USDPLN - the growth of these charts means the strengthening of the US dollar against the South African rand and Polish zloty
2. USDSEK, USDCZK - the growth of these charts means the weakening of the Swedish and Czech korunas against the US dollar
Top Losers - foreign exchange market (Forex)
1. EURTRY, USDTRY - the decline of these charts means the weakening of the euro and the US dollar against the Turkish lira
2. NZDCHF, AUDCHF - the decline of these charts means the strengthening of the Swiss franc against the New Zealand and Australian dollars
New Exclusive Analytical Tool
Any date range - from 1 day to 1 year
Any Trading Group - Forex, Stocks, Indices, etc.
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.
- Get Certificate
Previous Top Gainers & Losers
Over the past 7 days, the American dollar has remained almost unchanged. According to the CME FedWatch tool, there is an 89% probability of the U.S. Federal Reserve raising interest rates at the meeting on July 26th. The Swiss franc has strengthened due to positive economic indicators such as Credit...
Over the past 7 days, the US dollar index has declined. As expected, the Federal Reserve (Fed) maintained its interest rate at 5.25% during the meeting on June 14. Now, investors are monitoring economic statistics and trying to forecast the change in the Fed's rate at the next meeting on July 26. The...
Over the past 7 days, the US dollar index has remained largely unchanged. It has been trading in a narrow range of 103.2-104.4 points for the 4th week in a row. Investors are awaiting the outcome of the Federal Reserve meeting on June 14. Tesla shares have risen due to the opening of new gigafactories...